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 March, the average price per sq.feet was $50. In the following month the price per sq.feet fell considerably to $10. The price for the following two months in (May, June) had a considerable fall of 83 with regard to the previous two months. The price per sq.feet has had a considerable rise of 202 % 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 $27.5 to $55.5 during July, and August.
When referring to the price in East Quogue (cities), this has risen considerably in the last 6 months. The average price during our first sample month during March, is $17,607. During April the price went through a considerable rise reaching $33,716. During the following two months (May, June) the average price had a considerable rise of 170 % 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 $34,617.25 to $25,442, which means a 73 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 9 % more expensive than the average price of $30,011 in East Quogue. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 9 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 30 % more affordable than the average price of ($40 / sq.feet) in East Quogue. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 30 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $27,432 it is 1 % 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 $30,011 it is 45 % 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 $20 / sq.feet followed by "House" priced at $40 / sq.feet. "House" is the most affordable type of property with a $40 / sq.feet value followed by "Apartment" with an average price of $20 / sq.feet.