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 December, the average price per sq.feet was $2. In the following month the price per sq.feet fell considerably to $1. The price for the following two months in (February, March) had a considerable fall of 33 with regard to the previous two months. The price per sq.feet has had a considerable rise of 200 % 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 to $2 during April, and May.
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 December, is $2,704. During January the price went through a considerable rise reaching $3,128. During the following two months (February, March) the average price had a considerable fall of 54 % 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 394 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 65 % more affordable than the average price of $3,116 in Red Hook. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 65 % more affordable than the average aforementioned.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $8,816 it is 72 % more affordable than the average price in Red Hook. "" is seen as the second most affordable property type. The most affordable property is "" followed by "Land". At a price of $2,454 it is 65 % more affordable 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 $34 / sq.feet. "Land" at an average price of $34 / sq.feet has the highest price and would be directed at more affluent cities.
