The rent prices in real estate in Pine Plains, 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 Pine Plains 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 $2.76 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.82 to $2.73 per sq.feet. The price per sq.feet has had a considerable fall of 85 % 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 $2.78 to $2.35 during January, and February.
When referring to the price in Pine Plains (cities), there have hardly been any changes in the last 6 months. The rent price in September is $3,032, rising in October till $3,287. In the following two months the average price has hardly changed with regard to the previous two months from $3,159.5 to $3,124. During the last two months the average price has fallen greatly compared to the previous four going from $3,141.75 to $2,437, which means a 78 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $2,239 they are 50 % more affordable than the average price for Pine Plains . The properties with the highest average price have 3 bedrooms, Their price is 32 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,350.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.85 / sq.feet, with an average $2.26 / sq.feet price in Pine Plains. The properties with the most expensive average prices have 3 bedrooms. They are 14 % more expensive than the average followed by properties with 1 bedroom with a price at $2.19 / sq.feet.
According to average price per property type in Pine Plains, "" priced at $1,122 is 50 % lower than the average price ($2,239) in this city.