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|Apartment Size||Sep||vs Last Month|
|1 bed apartments||$650,000||+24.3%|
|2 bed apartments||$2,082,535||+38.8%|
|3 bed apartments||$4,406,667||-35.5%|
|4+ bed apartments||$3,922,930||+13.6%|
During Sep 2020, the average price for an apartment in/near Montauk, NY increased by 5.4% to $3,661,810.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 24.3% to $650,000. Asking price for 2-bed apartment also increased by 38.8% and a place of this size will now cost you $2,082,535. A 3-bed apartment goes for $4,406,667, it decreased by 35.5% lately. We discerned the rise of 4- and more bed apartment price. It increased by 13.6% and made it up to $3,922,930.
|Listing Type||Sep||vs Last Month|
|Houses for sale||$3,729,728||-12.1%|
|Apartments for sale||$2,838,438||+2.2%|
|Lofts for sale||$4,299,466||+29.5%|
|Condos for sale||$681,935||+11.2%|
|Townhouses for sale||$6,247,500||+1.3%|
The average cost of an apartment in Montauk, NY rised by 2.2% to $2,838,438. Price reports demonstrate that house price decreased by 12.1% this month making it up to $3,729,728. Condos are really in demand in this season. The median price for a condo increased by 11.2%, it’s now available for $681,935. The price dynamics of lofts changed, it increased by 29.5%, the price tag now starts at $4,299,466. The property value of townhouses increased by 1.3%, you’ll have to spend around $6,247,500 to get one.