New York’s condo market is experiencing a new boom.
Here’s how much you can expect to save on your home if you live in a condo.
Read moreFlorence, Westchester, and the New York City suburbs have all seen a surge in condo sales over the past few years.
This has boosted condo prices.
However, as with other condo markets, you may not be able to save a ton of money if you purchase in these areas.
Here are the average cost of a condo sale in the city, county, and state of New York.1.
Westchester County, New York2.
New York County, NY3.
West Chester, Pennsylvania4.
New Jersey’s Ocean County, NJ5.
Nassau County, Nassau, and Suffolk counties6.
New Hampshire’s New Hampshire 6th, and 7th District7.
Connecticut’s Greenwich District8.
West Virginia’s Huntington District9.
Virginia’s Chesapeake District10.
Delaware’s Delaware District11.
Delaware Central District12.
Delaware`s New Castle District13.
Delaware County District14.
New Mexico’s Santa Fe District15.
Nevada`s Las Vegas District16.
Nevada County County17.
North Carolina`s Charlotte District18.
North Dakota`s Rapid City District19.
Pennsylvania`s Philadelphia District20.
North Texas`s Austin District21.
South Carolina` Charleston District22.
North Georgia` Atlanta District23.
Tennessee` Memphis District24.
Texas` Austin Downtown District25.
Utah` Salt Lake City Dividing up the countryBy the end of 2019, the average home price in the New Jersey and New York counties will be more than double the average price in Westchester.
In the New England metro areas, it will be about four times the average.
The New York metro area is going to be even more expensive, around $1,100 per square foot.
And, as of 2018, the cost of condos in the state of Florida will be four times higher than the average, in Miami-Dade County.
These condos are still available to buy in the United States, but prices will increase substantially, especially if you choose to buy a new one.
For those looking to buy, you will have to pay much more for the luxury condos, which can cost as much as $1.3 million per unit.
So, even if you plan on renting for a while, you are going to have to do some homework before you decide to make the move.
If you live outside the New Yorker, Florida, New Jersey, Pennsylvania, and Virginia area, you should consider looking into buying a condo elsewhere in the country.
In addition to the aforementioned price differences, condos in New York, New England, and North Carolina are more expensive than those in the other areas.
The prices are also slightly lower.
For example, a five-bedroom condo in Florida costs $2,200 per month, while a condo that features a deck, decking, and terrace will set you back $1 million per month.
But, the difference is small, because you will still get to use your condo’s amenities.
The condo that includes a pool and an indoor basketball court will cost $3,000 per month in the Miami area, while the same condo with a rooftop pool and basketball court in New Hampshire costs $3.5 million per year.