The rent prices in real estate in East Rockaway, in the New York region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in East Rockaway has fallen during the last 6 months. In October, the average price per sq.feet was $2.94. In the following month the price per sq.feet fell to $2.73. In the following two months the price per sq.feet has risen 110 %, going from $2.84 to $3.12 per sq.feet. The price per sq.feet has had a considerable fall of 67 % 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 $2.98 to $2 during February, and March.
When referring to the price in East Rockaway (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during October, is $3,581. During November the price went through a considerable rise reaching $4,358. During the following two months (December, January) the average price had a considerable fall of 70 % 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 113 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $4,084 they are 22 % more affordable than the average price for East Rockaway . The properties with the lowest average price have 1 bedroom, Their price is 16 % more affordable than the average. After that we have properties with 3 bedrooms priced at $3,172.
The graph displaying the average rent prices displays the property type "Detached House" as the most affordable one. At an cost of $4,084 it is 45 % more affordable than the average price in East Rockaway. "" is seen as the second most affordable property type. The most affordable property is "" followed by "Detached House". At a price of $2,250 it is 22 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "Detached House with an average cost of $3 / sq.feet. "Detached House" at an average price of $3 / sq.feet has the highest price and would be directed at more affluent cities.