The rent prices in real estate in New Hyde Park, 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 New Hyde Park has fallen during the last 6 months. In September, the average price per sq.feet was $2.88. In October this price barely changed remaining at $2.96 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.92 to $3.03 per sq.feet. The price per sq.feet has had a considerable fall of 64 % 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 $2.97 to $1.89 during January, and February.
When referring to the price in New Hyde Park (cities), this has risen considerably in the last 6 months. The average price for September is $4,020. During October the price had a slight fall till $3,729. During the following two months (November, December) the price has had an average rise from $3,874.5 to $4,417.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 131 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $6,180 they are 60 % more affordable than the average price for New Hyde Park . The properties with the lowest average price have 4 bedrooms, Their price is 25 % more affordable than the average. After that we have properties with 1 bedroom priced at $3,836.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $2.46 / sq.feet price in New Hyde Park. The properties with the most expensive average prices have 1 bedroom. They are 4 % more expensive than the average followed by properties with 2 bedrooms with a price at $1 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $6,180 it is 40 % more affordable than the average price in New Hyde Park. "Office" is seen as the second most affordable property type. The most affordable property is "Office" followed by "". At a price of $3,723 it is 33 % more affordable 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 $227 / sq.feet. "Office" at an average price of $227 / sq.feet has the highest price and would be directed at more affluent cities.