The rent prices in real estate in Purchase, in the New York region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Purchase has risen strongly during the last 6 months. In June, the average price per sq.feet was $8.73. In the following month the price per sq.feet fell considerably to $3.2. The price for the following two months in (August, September) had a considerable rise of 461 %. The price per sq.feet has had a considerable fall of 24 % 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 $16.73 to $4.03 during October, and November.
When referring to the price in Purchase (cities), this has fallen considerably in the last 6 months. The average price for June is $28,500. During July the price had a considerable fall till $18,233. During the following two months (August, September) the average price had a considerable fall of 35 % 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 $15,819.25 to $13,294, which means a 84 % fall.
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 $16,938 they are 64 % more affordable than the average price for Purchase . The properties with the lowest average price have 2 bedrooms, Their price is 47 % more affordable than the average. After that we have properties with 1 bedroom priced at $6,114.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most expensive ones at a cost of $12 / sq.feet, with an average $3.96 / sq.feet price in Purchase. The properties with the most expensive average prices have 2 bedrooms. They are 2476 % more expensive than the average followed by properties with 1 bedroom with a price at $12 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $16,938 it is 47 % more affordable than the average price in Purchase. "" is seen as the second most affordable property type. The most affordable property is "" followed by "House". At a price of $9,027 it is 44 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $102 / sq.feet. "House" at an average price of $102 / sq.feet has the highest price and would be directed at more affluent cities.