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 September, the average price per sq.feet was $69. In the following month the price per sq.feet fell considerably to $54. The price for the following two months in (November, December) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 $30.75 to during January, and February.
When referring to the price in Arcade (cities), this has fallen considerably in the last 6 months. The average price for September is $53,125. During October the price had a slight fall till $48,135. During the following two months (November, December) the average price had a considerable fall of 1 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $25,625.5 to $621, which means a 2 % fall.
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 $621 they are 2 % more affordable than the average price for Arcade . The properties with the highest average price have 1 bedroom, Their price is 78 % more expensive than the average. After that we have properties with 2 bedrooms priced at $606.
According to average price per property type in Arcade, "" priced at $607 is 2 % lower than the average price ($621) in this city.