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 April, the average price per sq.feet was $1. In May this price barely changed remaining at $1 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1 to $1 per sq.feet. The price per sq.feet has had a considerable fall of 50 % 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 $1 to $0.5 during August, and September.
When referring to the price in Plainview (cities), this has fallen considerably in the last 6 months. In our first sample month during April, the average price is $3,286. In May This price remains at $3,286. During the following two months (June, July) the average price fell 95 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $3,203.5 to $1,505.5, which means a 47 % fall.