The rent prices in real estate in Bridgehampton, in the New York region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Bridgehampton has risen during the last 6 months. In October, the average price per sq.feet was $16.1. In November this price barely changed remaining at $16.16 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $16.13 to $16.12 per sq.feet. The price per sq.feet has risen 112 % 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 $16.13 to $18.07 during February, and March.
When referring to the price in Bridgehampton (cities), this has risen in the last 6 months. In our first sample month during October, the average price is $42,923. In November This price remains at $44,908. In the following two months the average price has hardly changed with regard to the previous two months from $43,915.5 to $44,331.5. Based on an analysis of the first four prices and the last two months the average price has increased 112 % 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 $48,738 they are 17 % more affordable than the average price for Bridgehampton . The properties with the lowest average price have 1 bedroom, Their price is 17 % more affordable than the average. After that we have properties with 2 bedrooms priced at $40,391.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $26 / sq.feet, with an average $18.27 / sq.feet price in Bridgehampton. The properties with the most expensive average prices have 1 bedroom. They are 70 % more expensive than the average followed by properties with 2 bedrooms with a price at $26 / sq.feet.
The graph displaying the average rent prices displays the property type "Commercial" as the most affordable one. At an cost of $48,738 it is 29 % more affordable than the average price in Bridgehampton. "Land" is seen as the second most affordable property type. The most affordable property is "House" followed by "Land". At a price of $36,056 it is 17 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $26 / sq.feet followed by "Land" priced at $66 / sq.feet. "Commercial" is the most expensive type of property with a $71 / sq.feet value followed by "Land" with an average price of $66 / sq.feet.