The rent prices in real estate in Hauppauge, in the New York region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Hauppauge has had a strong fall during the last 6 months. In December, the average price per sq.feet was $2.96. In the following month the price per sq.feet rose to $3.21. The price for the following two months in (February, March) had a considerable fall of 61 with regard to the previous two months. The price per sq.feet has fallen 91 % 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 $2.48 to $2.26 during April, and May.
When referring to the price in Hauppauge (cities), this has risen considerably in the last 6 months. The average price during our first sample month during December, is $2,190. During January the price went through a considerable rise reaching $2,625. During the following two months (February, March) the price has had an average rise from $2,407.5 to $2,737.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 92 %, going from $2,572.5 to $2,356 in April and May.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $2,529 they are 22 % more affordable than the average price for Hauppauge . The properties with the highest average price have 3 bedrooms, Their price is 18 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,807.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $2.88 / sq.feet, with an average $3.03 / sq.feet price in Hauppauge. The properties with the most expensive average prices have 2 bedrooms. They are 4 % more expensive than the average followed by properties with 1 bedroom with a price at $2.88 / sq.feet.
According to average price per property type in Hauppauge, "" priced at $1,978 is 22 % lower than the average price ($2,529) in this city.