The rent prices in real estate in Hampton Bays, 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 Hampton Bays has risen strongly during the last 6 months. In April, the average price per sq.feet was $16. In the following month the price per sq.feet rose considerably to $140.07. The price for the following two months in (June, July) had a considerable rise of 170 %. The price per sq.feet has had a considerable fall of 10 % 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 $105.31 to $10.43 during August, and September.
When referring to the price in Hampton Bays (cities), this has risen considerably in the last 6 months. The average price during our first sample month during April, is $11,649. During May the price went through a considerable rise reaching $33,175. During the following two months (June, July) the average price had a considerable rise of 144 % 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 114 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 31 % more expensive than the average price of $19,203 in Hampton Bays. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 31 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 254 % more expensive than the average price of ($23 / sq.feet) in Hampton Bays. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 254 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Commercial" as the most expensive one. At an cost of $14,680 it is 25 % more expensive than the average price in Hampton Bays. "House" is seen as the second most expensive property type. The most expensive property type is "Condo" followed by "Land". At a price of $19,664 it is 42 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $23 / sq.feet followed by "Condo" priced at $41 / sq.feet. "Land" is the most expensive type of property with a $291 / sq.feet value followed by "Commercial" with an average price of $214 / sq.feet.