The rent prices in real estate in East Quogue, 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 Quogue has had a strong fall during the last 6 months. In October, the average price per sq.feet was $22.6. In the following month the price per sq.feet fell considerably to $17.24. The price for the following two months in (December, January) fell 89 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 84 % 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 $18.81 to $15.75 during February, and March.
When referring to the price in East Quogue (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $34,346. In November This price remains at $33,759. In the following two months the average price has hardly changed with regard to the previous two months from $34,052.5 to $34,248.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $34,150.5 and $33,633 between February and March.
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 $33,341 they are 49 % more affordable than the average price for East Quogue . The properties with the highest average price have 3 bedrooms, Their price is 19 % more expensive than the average. After that we have properties with 2 bedrooms priced at $25,774.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $11 / sq.feet, with an average $14.79 / sq.feet price in East Quogue. The properties with the most expensive average prices have 2 bedrooms. They are 143 % more expensive than the average followed by properties with 1 bedroom with a price at $28 / sq.feet.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $33,341 it is 18 % more affordable than the average price in East Quogue. "House" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $30,306 it is 16 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Land" at an average price of $16 / sq.feet followed by "House" priced at $19 / sq.feet. "House" is the most expensive type of property with a $19 / sq.feet value followed by "Land" with an average price of $16 / sq.feet.