Property prices for sale in New York region
The average price in the New York region has had same value in recent months. Prices in this region have remained pretty much stagnant.
The price per sq.feet in New York has remained stagnant in the last 6 months. During October, the average price per sq.feet was $493. The following month (November) the price had a considerable increase reaching $601 per sq.feet. The following two months (December, January) there has been a deflation of 92 % in the price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has decreased 86 %. This has been obtained by comparing the price $524 for the first four months of the sample with regard to the previous 4 months and the price $450.5 per sq.feet for the last two months (February, March).
Based upon to the price in New York(region), this has increased in the last 6 months. In the first month sample for October the average price is $798,587. During November it went through a strong inflation reaching $1,095,397 The average price for the following two months (December, January) decreased 90 % compared to the prior two. During the last two months the price has reduced 94 % compared to the previous average values going from $897,416 a $844,509.5 in February and March.
The graph displaying the the average price per number of bedrooms shows that those with 3 bedrooms are the cheapest ones. They are 34 % more affordable than the average price in New York followed by those with 1 with an average price of $730,894. The most costly properties have 2 bedrooms. They are 6 % more expensive than the average followed by those properties with 4 bedrooms priced at $784,208.
Based on the average price per sq.feet those properties with 4 bedrooms are the cheapest ones with a price of $293 / sq.feet being $468 / sq.feet the average value within the New York region. The properties with the most expensive average price are those with 1 bedroom. These are 116 % more costly than the average followed by those with 2 bedrooms with a price of $756 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $807,625 it is 28 % more affordable than the average in New York. This is followed by "House" with a price of $587,165. The dearest property type is "Townhouse" and is 91 % more expensive than the average, followed by "Condo" with a cost of $1,267,635.
Based on the average cost per sq.feet the cheapest property type is "Commercial with a an average cost of $198 / sq.feet, followed by "House" with a price of $244 / sq.feet. "Land" with an average price of $6,406 / sq.feet is the most costly type of property followed by "Apartment" at a price of $2,801 / sq.feet.
