Property prices for sale in West Park (New York)
The prices in real estate in West Park, 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 West Park has increased strongly during the last 6 months. In November, the average price per sq.feet was $669. In the following month the price per sq.feet increased to $708. The price for the following two months in (January, February) had a considerable increment of 134 %. The price per sq.feet has had a considerable increase of 189 % 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 $804.25 to $1,524 during March, and April.
Based upon to the price in West Park (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $484,046. In December This price remains at $461,496. During the following two months (January, February) the average price had a considerable increase of 145 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $579,374.25 to $538,782.5 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 $525,322 they are 60 % more affordable than the average price for West Park. The properties with the lowest average price have 4 bedrooms, Their price is 31 % cheaper than the average. After that we have properties with 2 bedrooms priced at $280,356.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $201 / sq.feet, with an average $1,574 / sq.feet price in West Park. The properties with the lowest average prices have 1 bedroom. They are 85 % cheaper than the average followed by properties with 2 bedrooms with a price at $215 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $525,322 it is 59 % cheaper than the average price in West Park. "Villa" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $243,655 it is 47 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Villa" at an average cost of $113 / sq.feet followed by "House" priced at $215 / sq.feet. "Condo" is the cheapest type of property with a $761 / sq.feet value followed by "Apartment" with an average price of $528 / sq.feet.
