The rent prices in real estate in Putnam Valley, 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 Putnam Valley has had a strong fall during the last 6 months. In March, the average price per sq.feet was $2.85. In the following month the price per sq.feet fell to $2.63. The price for the following two months in (May, June) had a considerable fall of 18 with regard to the previous two months. The price per sq.feet has had a considerable fall of 62 % 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 $1.62 to $1 during July, and August.
When referring to the price in Putnam Valley (cities), this has risen considerably in the last 6 months. The rent price in March is $2,197, rising in April till $2,456. During the following two months (May, June) the average price had a considerable rise of 170 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 93 %, going from $3,143.5 to $2,908 in July and August.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 4 % more expensive than the average price of $2,943 in Putnam Valley. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 4 % more expensive than the average aforementioned.
The graph displaying the average rent prices displays the property type "Commercial Property" as the most affordable one. At an cost of $2,831 it is 18 % more affordable than the average price in Putnam Valley. "" is seen as the second most affordable property type. The most expensive property type is "" followed by "Commercial Property". At a price of $2,327 it is 4 % 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 $5 / sq.feet. "Commercial Property" at an average price of $5 / sq.feet has the highest price and would be directed at more affluent cities.