The rent prices in real estate in Greenport, in the New York region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Greenport has risen strongly during the last 6 months. In October, the average price per sq.feet was $7.2. In the following month the price per sq.feet fell to $6.64. The price for the following two months in (December, January) had a considerable rise of 129 %. The price per sq.feet has had a considerable rise of 139 % 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 $7.91 to $11.03 during February, and March.
When referring to the price in Greenport (cities), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $12,192. In November This price remains at $12,118. During the following two months (December, January) the average price had a considerable rise of 126 % 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 had a strong increase of 159 % 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 $22,297 they are 90 % more affordable than the average price for Greenport . The properties with the highest average price have 4 bedrooms, Their price is 6 % more expensive than the average. After that we have properties with 3 bedrooms priced at $16,191.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1 / sq.feet, with an average $10.65 / sq.feet price in Greenport. The properties with the most affordable average prices have 2 bedrooms. They are 15 % more affordable than the average followed by properties with 3 bedrooms with a price at $8 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $22,297 it is 64 % more affordable than the average price in Greenport. "Condo" is seen as the second most affordable property type. The most expensive property type is "Detached House" followed by "House". At a price of $19,997 it is 13 % 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 $2 / sq.feet followed by "House" priced at $9 / sq.feet. "Condo" is the most affordable type of property with a $10 / sq.feet value followed by "House" with an average price of $9 / sq.feet.