Property prices for rent in Oyster Bay (New York)
The rent prices in real estate in Oyster Bay, 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 Oyster Bay has fallen during the last 6 months. In October, the average price per sq.feet was $3.28. In the following month the price per sq.feet fell to $3.04. The price for the following two months in (December, January) fell 94 % with regard to the previous two months. The price per sq.feet has fallen 86 % 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 $3.07 to $2.65 during February, and March.
When referring to the price in Oyster Bay (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $3,425. During November the price went through a considerable rise reaching $4,450. During the following two months (December, January) the average price had a considerable rise of 278 % with regard to the previous two months. 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 $7,446.75 and $7,455 between February and March.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 18 % more affordable than the average price of $2,395 in Oyster Bay. Based on the bedrooms values, properties with the most expensive rent prices are those with 2 bedrooms. They are 41 % more expensive than the average aforementioned.
