The rent prices in real estate in Kerhonkson, 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 Kerhonkson has had a strong fall during the last 6 months. In November, the average price per sq.feet was $7. In the following month the price per sq.feet fell considerably to $2.19. The price for the following two months in (January, February) had a considerable fall of 46 with regard to the previous two months. The price per sq.feet has had a considerable fall of 60 % 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 $3.36 to $2.03 during March, and April.
When referring to the price in Kerhonkson (cities), this has risen considerably in the last 6 months. The average price during our first sample month during November, is $2,264. During December the price went through a considerable rise reaching $2,811. During the following two months (January, February) the price has had an average rise from $2,537.5 to $2,736. Based on an analysis of the first four prices and the last two months the average price has increased 113 % 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 73 % more affordable than the average price of $890 in Kerhonkson. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 73 % more affordable than the average aforementioned.