The rent prices in real estate in Port Washington, 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 Washington has had a strong fall during the last 6 months. In September, the average price per sq.feet was $121.37. In the following month the price per sq.feet fell considerably to $3.37. The price for the following two months in (November, December) had a considerable fall of 5 with regard to the previous two months. The price per sq.feet has had a considerable fall of 9 % 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 $32.69 to $2.9 during January, and February.
When referring to the price in Port Washington (cities), this has fallen in the last 6 months. In our first sample month during September, the average price is $3,894. In October This price remains at $3,771. In the following two months the average price has hardly changed with regard to the previous two months from $3,832.5 to $3,764.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 90 %, going from $3,798.5 to $3,413.5 in January and February.
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 $3,341 they are 21 % more affordable than the average price for Port Washington . The properties with the highest average price have 4 bedrooms, Their price is 78 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,950.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $3.06 / sq.feet price in Port Washington. The properties with the most expensive average prices have 1 bedroom. They are 12247 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.7 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $3,341 it is 17 % more affordable than the average price in Port Washington. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $3,984 it is 40 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1 / sq.feet followed by "House" priced at $2 / sq.feet. "House" is the most affordable type of property with a $2 / sq.feet value followed by "Condo" with an average price of $1 / sq.feet.