The rent prices in real estate in New Hyde Park, 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 New Hyde Park has had a strong fall during the last 6 months. In September, the average price per sq.feet was $100.18. In the following month the price per sq.feet fell considerably to $68.71. The price for the following two months in (November, December) had a considerable fall of 42 with regard to the previous two months. The price per sq.feet has had a considerable fall of 5 % 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 $60.15 to $2.96 during January, and February.
When referring to the price in New Hyde Park (cities), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $3,410. In October This price remains at $3,410. In the following two months the average price has hardly changed with regard to the previous two months from $3,410 to $3,520. 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 $3,465 and $3,632.5 between January and February.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 8 % more expensive than the average price of $3,153 in New Hyde Park. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 8 % more expensive than the average aforementioned.
The graph displaying the average rent prices displays the property type "" as the most expensive one. At an cost of $2,929 it is 8 % more expensive than the average price in New Hyde Park. "Office" is seen as the second most expensive property type. The most expensive property type is "Office" followed by "". At a price of $3,153 it is 47 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "Office with an average cost of $263 / sq.feet. "Office" at an average price of $263 / sq.feet has the highest price and would be directed at more affluent cities.