The rent prices in real estate in Mastic, in the New York 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 Mastic has fallen during the last 6 months. In November, the average price per sq.feet was $2.8. In December this price barely changed remaining at $2.85 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.83 to $2.76 per sq.feet. The price per sq.feet has fallen 87 % 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 $2.79 to $2.42 during March, and April.
When referring to the price in Mastic (cities), there have hardly been any changes in the last 6 months. The rent price in November is $2,974, rising in December till $3,156. During the following two months (January, February) the average price fell 89 % 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 111 % 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 $3,318 they are 45 % more affordable than the average price for Mastic . Based on the bedrooms values, properties with the most expensive rent prices are those with 2 bedrooms. They are 22 % more expensive than the average aforementioned.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1.95 / sq.feet, with an average $2.45 / sq.feet price in Mastic. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 5 % more expensive than the average value aforementioned.