The rent prices in real estate in Queens Village, 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 Queens Village has risen strongly during the last 6 months. In April, the average price per sq.feet was $2.98. In the following month the price per sq.feet rose considerably to $3.47. The price for the following two months in (June, July) had a considerable rise of 116 %. The price per sq.feet has risen 114 % 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 $3.48 to $3.95 during August, and September.
When referring to the price in Queens Village (cities), this has risen considerably in the last 6 months. The average price during our first sample month during April, is $2,277. During May the price went through a considerable rise reaching $2,638. During the following two months (June, July) the average price had a considerable rise of 121 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 117 % during the last two months.
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 $3,142 they are 10 % more affordable than the average price for Queens Village . The properties with the highest average price have 4 bedrooms, Their price is 72 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,816.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $3.1 / sq.feet, with an average $3.97 / sq.feet price in Queens Village. The properties with the most expensive average prices have 1 bedroom. They are 4 % more expensive than the average followed by properties with 2 bedrooms with a price at $3.54 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $3,142 it is 25 % more affordable than the average price in Queens Village. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $3,407 it is 26 % 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 $3.58 / sq.feet followed by "House" priced at $3.86 / sq.feet. "Apartment" is the most expensive type of property with a $4.21 / sq.feet value followed by "House" with an average price of $3.86 / sq.feet.