The rent prices in real estate in Piermont, 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 Piermont has fallen during the last 6 months. In September, the average price per sq.feet was $3.11. In the following month the price per sq.feet fell to $2.82. In the following two months the price per sq.feet has practically remained the same, going from $2.96 to $2.85 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $2.91 to $2.89 during January y February
When referring to the price in Piermont (cities), this has risen considerably in the last 6 months. The average price during our first sample month during September, is $2,738. During October the price went through a considerable rise reaching $3,300. During the following two months (November, December) the average price had a considerable rise of 135 % 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 increased 112 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $3,853 they are 36 % more affordable than the average price for Piermont . The properties with the highest average price have 4 bedrooms, Their price is 69 % more expensive than the average. After that we have properties with 3 bedrooms priced at $5,660.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $2.31 / sq.feet, with an average $2.87 / sq.feet price in Piermont. The properties with the most expensive average prices have 1 bedroom. They are 1 % more expensive than the average followed by properties with 3 bedrooms with a price at $2.79 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $3,853 it is 23 % more affordable than the average price in Piermont. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Detached House". At a price of $5,227 it is 45 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $2.81 / sq.feet followed by "Condo" priced at $2.82 / sq.feet. "Detached House" is the most expensive type of property with a $3 / sq.feet value followed by "Apartment" with an average price of $2.91 / sq.feet.