The rent prices in real estate in Putnam Valley, 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 Putnam Valley has risen strongly during the last 6 months. In September, the average price per sq.feet was $2.69. In October this price barely changed remaining at $2.66 per sq.feet. The price for the following two months in (November, December) fell 87 % with regard to the previous two months. The price per sq.feet has had a considerable rise of 9470 % 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 $2.51 to $237.46 during January, and February.
When referring to the price in Putnam Valley (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during September, is $4,739. During October the price went through a considerable rise reaching $5,942. During the following two months (November, December) the average price had a considerable fall of 72 % with regard to the previous two months. 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 $4,582 and $4,631.5 between 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 $5,150 they are 61 % more affordable than the average price for Putnam Valley . The properties with the highest average price have 4 bedrooms, Their price is 17 % more expensive than the average. After that we have properties with 3 bedrooms priced at $4,694.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most expensive ones at a cost of $705 / sq.feet, with an average $2.91 / sq.feet price in Putnam Valley. The properties with the most expensive average prices have 4 bedrooms. They are 39419 % more expensive than the average followed by properties with 3 bedrooms with a price at $705 / sq.feet.
According to average price per property type in Putnam Valley, "" priced at $4,104 is 20 % lower than the average price ($5,150) in this city.