The rent prices in real estate in Mastic Beach, 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 Mastic Beach has risen strongly during the last 6 months. In October, the average price per sq.feet was $2.56. In the following month the price per sq.feet rose considerably to $3.01. The price for the following two months in (December, January) had a considerable rise of 134 %. The price per sq.feet has risen 110 % 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 $3.26 to $3.59 during February, and March.
When referring to the price in Mastic Beach (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $3,100. In November This price remains at $3,178. In the following two months the average price has hardly changed with regard to the previous two months from $3,139 to $3,018.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $3,078.75 and $3,082.5 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $2,716 they are 25 % more affordable than the average price for Mastic Beach . The properties with the lowest average price have 1 bedroom, Their price is 25 % more affordable than the average. After that we have properties with 4 bedrooms priced at $2,030.
According to average price per property type in Mastic Beach, "" priced at $2,030 is 25 % lower than the average price ($2,716) in this city.