The rent prices in real estate in Plainview, in the New York region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Plainview has had a strong fall during the last 6 months. In October, the average price per sq.feet was $2.38. In the following month the price per sq.feet fell considerably to . The price for the following two months in (December, January) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable rise of 392 % 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 $0.6 to $2.33 during February, and March.
When referring to the price in Plainview (cities), this has fallen considerably in the last 6 months. The average price for October is $4,388. During November the price had a considerable fall till $2,889. During the following two months (December, January) the average price fell 85 % 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 $3,373.75 and $3,352 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $3,216 they are 5 % more affordable than the average price for Plainview . The properties with the highest average price have 1 bedroom, Their price is 0 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,049.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $3,216 it is 5 % more affordable than the average price in Plainview. "Commercial Property" is seen as the second most affordable property type. The most expensive property type is "Commercial Property" followed by "". At a price of $3,049 it is 39 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "Commercial Property with an average cost of $274 / sq.feet. "Commercial Property" at an average price of $274 / sq.feet has the highest price and would be directed at more affluent cities.