The prices in real estate in Syosset, in the New York region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Syosset has fallen in the last 6 months. In November, the average price per sq.feet was $560. In December this price pretty much remained the same at a value of $541 per sq.feet. The price for the following two months in (January, February) decreased 88 % with regard to the prior two months. The price per sq.feet has decreased 93 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $516.25 to $481 during March, and April.
Based upon to the price in Syosset (cities), this has gone downing the last 6 months. The average price for November is $1,511,024. During December the price had a slight fall till $1,379,684. In the following two months the average price has remained the same with regard to the previous two months from $1,445,354 to $1,459,436.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $1,452,395.25 to $1,325,193.5 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,378,944 they are 56 % more affordable than the average price for Syosset. The properties with the lowest average price have 4 bedrooms, Their price is 15 % cheaper than the average. After that we have properties with 3 bedrooms priced at $919,997.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $360 / sq.feet, with an average $502 / sq.feet price in Syosset. The properties with the lowest average prices have 1 bedroom. They are 18 % cheaper than the average followed by properties with 2 bedrooms with a price at $408 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $1,378,944 it is 57 % cheaper than the average price in Syosset. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Office". At a price of $655,747 it is 35 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $196 / sq.feet followed by "Farm" priced at $269 / sq.feet. "House" is the cheapest type of property with a $378 / sq.feet value followed by "Apartment" with an average price of $291 / sq.feet.