The rent prices in real estate in Ronkonkoma, 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 Ronkonkoma has had a strong fall during the last 6 months. In May, the average price per sq.feet was $3.13. In the following month the price per sq.feet fell to $2.73. The price for the following two months in (July, August) had a considerable fall of 67 with regard to the previous two months. The price per sq.feet has risen 108 % 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 $2.45 to $2.65 during September, and October.
When referring to the price in Ronkonkoma (cities), there have hardly been any changes in the last 6 months. In our first sample month during May, the average price is $2,651. In June This price remains at $2,729. In the following two months the average price has hardly changed with regard to the previous two months from $2,690 to $2,610.5. 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 $2,650.25 and $2,686 between September and October.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $2,778 they are 23 % more affordable than the average price for Ronkonkoma . The properties with the highest average price have 3 bedrooms, Their price is 33 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,587.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.39 / sq.feet, with an average $2.75 / sq.feet price in Ronkonkoma. The properties with the most expensive average prices have 3 bedrooms. They are 5 % more expensive than the average followed by properties with 1 bedroom with a price at $2.84 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,778 it is 23 % more affordable than the average price in Ronkonkoma. "Condo" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "". At a price of $2,136 it is 3 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "Condo with an average cost of $95 / sq.feet. "Condo" at an average price of $95 / sq.feet has the highest price and would be directed at more affluent cities.