The rent prices in real estate in Arcade, in the New York region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Arcade has had a strong fall during the last 6 months. In October, the average price per sq.feet was $48. In the following month the price per sq.feet fell considerably to . In the following two months the price per sq.feet has practically remained the same, going from $24 to $23.5 per sq.feet. The price per sq.feet has had a considerable rise of 198 % 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 $23.75 to $47 during February, and March.
When referring to the price in Arcade (cities), this has fallen considerably in the last 6 months. The average price for October is $47,844. During November the price had a considerable fall till $615. In the following two months the average price has hardly changed with regard to the previous two months from $24,229.5 to $24,205.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 197 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $47,796 they are 99 % more affordable than the average price for Arcade . The properties with the lowest average price have 1 bedroom, Their price is 98 % more affordable than the average. After that we have properties with 2 bedrooms priced at $582.
According to average price per property type in Arcade, "" priced at $583 is 99 % lower than the average price ($47,796) in this city.