The rent prices in real estate in Jericho, in the New York region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Jericho has risen during the last 6 months. In November, the average price per sq.feet was $2.2. In December this price barely changed remaining at $2.24 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.22 to $2.22 per sq.feet. The price per sq.feet has risen 111 % 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 $2.22 to $2.47 during March, and April.
When referring to the price in Jericho (cities), this has risen considerably in the last 6 months. In our first sample month during November, the average price is $5,163. In December This price remains at $5,313. In the following two months the average price has hardly changed with regard to the previous two months from $5,238 to $5,354.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 134 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 40 % more affordable than the average price of $5,550 in Jericho. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 40 % more affordable than the average aforementioned.
According to average price per property type in Jericho, "" priced at $5,550 is 40 % lower than the average price ($9,200) in this city.