Property prices for rent in Red Hook (New York)
The rent prices in real estate in Red Hook, 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 Red Hook has had a strong fall during the last 6 months. In October, the average price per sq.feet was $2.57. In the following month the price per sq.feet fell considerably to . The price for the following two months in (December, January) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable rise of 134 % 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 $0.64 to $0.86 during February, and March.
When referring to the price in Red Hook (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $2,475. During November the price went through a considerable rise reaching $8,789. During the following two months (December, January) the average price had a considerable fall of 52 % 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 $4,267 to $2,768.5, which means a 65 % 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 $2,425 they are 36 % more affordable than the average price for Red Hook . The properties with the highest average price have 2 bedrooms, Their price is 26 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,540.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $2,425 it is 2 % more affordable than the average price in Red Hook. "" is seen as the second most affordable property type. The most expensive property type is "" followed by "Land". At a price of $2,388 it is 26 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "Land with an average cost of $12 / sq.feet. "Land" at an average price of $12 / sq.feet has the highest price and would be directed at more affluent cities.
