The rent prices in real estate in Forest Hills, 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 Forest Hills has fallen during the last 6 months. In October, the average price per sq.feet was $4. In November this price barely changed remaining at $4.05 per sq.feet. The price for the following two months in (December, January) fell 91 % with regard to the previous two months. The price per sq.feet has fallen 90 % 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 $3.84 to $3.47 during February, and March.
When referring to the price in Forest Hills (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $3,317. In November This price remains at $3,222. During the following two months (December, January) the average price fell 90 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 88 %, going from $3,103.5 to $2,718.5 in 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 $2,589 they are 11 % more affordable than the average price for Forest Hills . The properties with the highest average price have 4 bedrooms, Their price is 97 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,725.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $3 / sq.feet, with an average $3.59 / sq.feet price in Forest Hills. The properties with the most expensive average prices have 1 bedroom. They are 12 % more expensive than the average followed by properties with 2 bedrooms with a price at $3.76 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most expensive one. At an cost of $2,589 it is 4 % more expensive than the average price in Forest Hills. "Apartment" is seen as the second most expensive property type. The most expensive property type is "" followed by "House". At a price of $3,552 it is 106 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $4 / sq.feet. "House" at an average price of $4 / sq.feet has the highest price and would be directed at more affluent cities.