The rent prices in real estate in Port Jefferson, 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 Port Jefferson has had a strong fall during the last 6 months. In January, the average price per sq.feet was $1. In February this price barely changed remaining at $1 per sq.feet. The price for the following two months in (March, April) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 $0.5 to during May, and June.
When referring to the price in Port Jefferson (cities), this has risen in the last 6 months. In our first sample month during January, the average price is $2,542. In February This price remains at $2,542. During the following two months (March, April) the price has had an average rise from $2,542 to $2,802. 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 $2,672 and $2,670.5 between May and June.
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 $2,539 they are 22 % more affordable than the average price for Port Jefferson . The properties with the highest average price have 3 bedrooms, Their price is 6 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,549.
According to average price per property type in Port Jefferson, "" priced at $2,687 is 6 % more expensive than the average price ($2,539) in this city.