The prices in real estate in Staten Island, in the New York region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Staten Island has increased strongly during the last 6 months. In March, the average price per sq.feet was $329. In April this price pretty much remained the same at a value of $338 per sq.feet. The price for the following two months in (May, June) had a considerable increment of 144 %. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $406.75 to $386.5 during July y August
Based upon to the price in Staten Island (cities), these have remained the same in the last 6 months. In our first sample month during March, the average price is $650,358. In April This price remains at $676,553. In the following two months the average price has remained the same with regard to the previous two months from $663,455.5 to $667,905. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $665,680.25 and $683,088 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $717,754 they are 44 % more affordable than the average price for Staten Island. The properties with the highest average price have 4 bedrooms, Their price is 23 % more costly than the average. After that we have properties with 3 bedrooms priced at $662,478.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $334 / sq.feet, with an average $375 / sq.feet price in Staten Island. The properties with the highest average prices have 2 bedrooms. They are 8 % more expensive than the average followed by properties with 1 bedroom with a price at $392 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $717,754 it is 43 % cheaper than the average price in Staten Island. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Duplex". At a price of $816,165 it is 50 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $195 / sq.feet followed by "Condo" priced at $353 / sq.feet. "Land" is the most costly type of property with a $4,713 / sq.feet cost followed by "Apartment" with an average price of $415 / sq.feet.