The rent prices in real estate in Irvington, in the New Jersey 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 Irvington has fallen during the last 6 months. In September, the average price per sq.feet was $3.25. In the following month the price per sq.feet fell to $3. The price for the following two months in (November, December) fell 92 % with regard to the previous two months. The price per sq.feet has fallen 88 % 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 $2.99 to $2.63 during January, and February.
When referring to the price in Irvington (cities), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $2,061. In October This price remains at $1,958. In the following two months the average price has hardly changed with regard to the previous two months from $2,009.5 to $1,943.5. Based on an analysis of the first four prices and the last two months the average price has increased 108 % 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 $2,156 they are 21 % more affordable than the average price for Irvington . The properties with the highest average price have 3 bedrooms, Their price is 17 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,355.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $2.52 / sq.feet price in Irvington. The properties with the most expensive average prices have 2 bedrooms. They are 24 % more expensive than the average followed by properties with 1 bedroom with a price at $2.86 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,156 it is 46 % more affordable than the average price in Irvington. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Apartment". At a price of $1,950 it is 20 % 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 $1 / sq.feet followed by "House" priced at $2 / sq.feet. "House" is the most affordable type of property with a $2 / sq.feet value followed by "Apartment" with an average price of $1 / sq.feet.