Property prices for rent in East Hampton (New York)
The rent prices in real estate in East Hampton, 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 East Hampton has had a strong fall during the last 6 months. In October, the average price per sq.feet was $20.66. In the following month the price per sq.feet fell to $17.96. The price for the following two months in (December, January) had a considerable fall of 80 with regard to the previous two months. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $17.42 to $17.5 during February y March
When referring to the price in East Hampton (cities), this has fallen in the last 6 months. The average price for October is $40,680. During November the price had a slight fall till $37,562. During the following two months (December, January) the average price had a considerable fall of 82 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 109 % during the last two months.
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 $40,566 they are 83 % more affordable than the average price for East Hampton . The properties with the lowest average price have 4 bedrooms, Their price is 4 % more affordable than the average. After that we have properties with 3 bedrooms priced at $35,759.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $6 / sq.feet, with an average $18.06 / sq.feet price in East Hampton. The properties with the most expensive average prices have 2 bedrooms. They are 33 % more expensive than the average followed by properties with 3 bedrooms with a price at $20 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $40,566 it is 66 % more affordable than the average price in East Hampton. "Condo" is seen as the second most affordable property type. The most expensive property type is "Detached House" followed by "House". At a price of $39,527 it is 14 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $8 / sq.feet followed by "Land" priced at $9 / sq.feet. "Condo" is the most expensive type of property with a $42 / sq.feet value followed by "House" with an average price of $18 / sq.feet.
