The rent prices in real estate in East Rockaway, 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 Rockaway has had a strong fall during the last 6 months. In May, the average price per sq.feet was $30. In the following month the price per sq.feet fell considerably to . The price for the following two months in (July, August) had a considerable rise of 300 %. The price per sq.feet has had a considerable fall of 48 % 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 $30 to $14.5 during September, and October.
When referring to the price in East Rockaway (cities), this has fallen considerably in the last 6 months. The average price for May is $3,610. During June the price had a considerable fall till $2,791. During the following two months (July, August) the average price had a considerable fall of 37 % 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 $2,188 to $1,803, which means a 82 % fall.