The rent prices in real estate in Hewlett, 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 Hewlett has risen strongly during the last 6 months. In November, the average price per sq.feet was $2. In the following month the price per sq.feet rose considerably to $152.75. The price for the following two months in (January, February) had a considerable rise of 213 %. The price per sq.feet has had a considerable fall of 81 % 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 $121.04 to $98.5 during March, and April.
When referring to the price in Hewlett (cities), this has fallen considerably in the last 6 months. The average price for November is $7,492. During December the price had a considerable fall till $2,683. During the following two months (January, February) the average price had a considerable fall of 79 % 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 displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $5,717 they are 64 % more affordable than the average price for Hewlett . The properties with the lowest average price have 3 bedrooms, Their price is 56 % more affordable than the average. After that we have properties with 2 bedrooms priced at $2,510.
According to average price per property type in Hewlett, "" priced at $2,516 is 56 % lower than the average price ($5,717) in this city.