The rent prices in real estate in Sag Harbor, 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 Sag Harbor has had a strong fall during the last 6 months. In July, the average price per sq.feet was $88.15. In the following month the price per sq.feet fell considerably to $18.03. The price for the following two months in (September, October) had a considerable fall of 20 with regard to the previous two months. The price per sq.feet has had a considerable fall of 76 % 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 $31.81 to $24.21 during November, and December.
When referring to the price in Sag Harbor (cities), this has fallen considerably in the last 6 months. The average price for July is $28,996. During August the price had a considerable fall till $24,441. During the following two months (September, October) the average price fell 86 % 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 increased 105 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $26,665 they are 11 % more affordable than the average price for Sag Harbor . The properties with the highest average price have 1 bedroom, Their price is 38 % more expensive than the average. After that we have properties with 4 bedrooms priced at $30,339.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most expensive ones at a cost of $13 / sq.feet, with an average $12.13 / sq.feet price in Sag Harbor. The properties with the most expensive average prices have 1 bedroom. They are 172 % more expensive than the average followed by properties with 2 bedrooms with a price at $27 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most expensive one. At an cost of $26,665 it is 11 % more expensive than the average price in Sag Harbor. "Condo" is seen as the second most expensive property type. The most expensive property type is "Condo" followed by "House". At a price of $29,725 it is 22 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Condo" at an average price of $66 / sq.feet followed by "House" priced at $117 / sq.feet. "House" is the most expensive type of property with a $117 / sq.feet value followed by "Condo" with an average price of $66 / sq.feet.