Property prices for sale in West Babylon (New York)
The prices in real estate in West Babylon, in the New York region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in West Babylon has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $412. In November this price pretty much remained the same at a value of $402 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 81 with regard to the prior two months. The price per sq.feet has decreased 88 % 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 $368.25 to $325.5 during February, and March.
Based upon to the price in West Babylon (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $614,414. In November This price remains at $588,658. In the following two months the average price has remained the same with regard to the previous two months from $601,536 to $589,082.5. 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 $595,309.25 and $607,882.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $611,111 they are 82 % more affordable than the average price for West Babylon. The properties with the highest average price have 4 bedrooms, Their price is 2 % more costly than the average. After that we have properties with 3 bedrooms priced at $526,843.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $111 / sq.feet, with an average $369 / sq.feet price in West Babylon. The properties with the highest average prices have 2 bedrooms. They are 16181 % more expensive than the average followed by properties with 3 bedrooms with a price at $453 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $611,111 it is 6 % cheaper than the average price in West Babylon. "Apartment" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $573,699 it is 8 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $395 / sq.feet followed by "Apartment" priced at $403 / sq.feet. "Apartment" is the most costly type of property with a $403 / sq.feet cost followed by "House" with an average price of $395 / sq.feet.
