The rent prices in real estate in Gloversville, 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 Gloversville has fallen during the last 6 months. In October, the average price per sq.feet was $1.19. In November this price barely changed remaining at $1.18 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.18 to $1.13 per sq.feet. The price per sq.feet has fallen 95 % 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 $1.16 to $1.1 during February, and March.
When referring to the price in Gloversville (cities), there have hardly been any changes in the last 6 months. The average price for October is $1,236. During November the price had a slight fall till $1,173. In the following two months the average price has hardly changed with regard to the previous two months from $1,204.5 to $1,208.5. Based on an analysis of the first four prices and the last two months the average price has increased 106 % during the last two months.
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 $1,345 they are 12 % more affordable than the average price for Gloversville . The properties with the highest average price have 3 bedrooms, Their price is 326 % more expensive than the average. After that we have properties with 4 bedrooms priced at $3,913.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1.03 / sq.feet, with an average $1.19 / sq.feet price in Gloversville. The properties with the most expensive average prices have 3 bedrooms. They are 59 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.24 / sq.feet.
According to average price per property type in Gloversville, "" priced at $1,367 is 2 % more expensive than the average price ($1,345) in this city.