The rent prices in real estate in Bay Shore, in the New York region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Bay Shore has risen strongly during the last 6 months. In July, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $38.37. The price for the following two months in (September, October) had a considerable fall of 17 with regard to the previous two months. The price per sq.feet has had a considerable fall of 25 % 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 $11.18 to $2.77 during November, and December.
When referring to the price in Bay Shore (cities), this has fallen in the last 6 months. In our first sample month during July, the average price is $2,347. In August This price remains at $2,425. During the following two months (September, October) the average price had a considerable fall of 80 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 93 %, going from $2,147 to $2,002.5 in November and December.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $2,064 they are 5 % more affordable than the average price for Bay Shore . The properties with the highest average price have 2 bedrooms, Their price is 20 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,305.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $2.81 / sq.feet, with an average $2.91 / sq.feet price in Bay Shore. The properties with the most expensive average prices have 2 bedrooms. They are 1 % more expensive than the average followed by properties with 1 bedroom with a price at $2.81 / sq.feet.
According to average price per property type in Bay Shore, "" priced at $2,305 is 12 % more expensive than the average price ($2,064) in this city.