The rent prices in real estate in Pawling, 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 Pawling has risen strongly during the last 6 months. In September, the average price per sq.feet was $2.22. In October this price barely changed remaining at $2.3 per sq.feet. The price for the following two months in (November, December) had a considerable rise of 124 %. The price per sq.feet has risen 113 % 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 $2.53 to $2.87 during January, and February.
When referring to the price in Pawling (cities), this has risen in the last 6 months. In our first sample month during September, the average price is $4,518. In October This price remains at $4,649. During the following two months (November, December) the average price fell 90 % 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 had a strong increase of 140 % 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 $8,028 they are 78 % more affordable than the average price for Pawling . The properties with the highest average price have 4 bedrooms, Their price is 42 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,084.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $2.94 / sq.feet price in Pawling. The properties with the most expensive average prices have 4 bedrooms. They are 2 % more expensive than the average followed by properties with 1 bedroom with a price at $2 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $8,028 it is 76 % more affordable than the average price in Pawling. "" is seen as the second most affordable property type. The most affordable property is "Detached House" followed by "House". At a price of $4,225 it is 18 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $1 / sq.feet followed by "House" priced at $2 / sq.feet. "Detached House" is the most expensive type of property with a $3 / sq.feet value followed by "House" with an average price of $2 / sq.feet.