The rent prices in real estate in Sag Harbor, 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 Sag Harbor has risen strongly during the last 6 months. In October, the average price per sq.feet was $11.72. In the following month the price per sq.feet rose considerably to $13.79. The price for the following two months in (December, January) had a considerable rise of 189 %. The price per sq.feet has had a considerable rise of 2900 % 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 $18.41 to $533.73 during February, and March.
When referring to the price in Sag Harbor (cities), this has risen considerably in the last 6 months. The rent price in October is $24,661, rising in November till $26,801. During the following two months (December, January) the average price had a considerable rise of 172 % 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 $35,032.25 to $27,468.5, which means a 78 % fall.
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 $27,893 they are 15 % more affordable than the average price for Sag Harbor . The properties with the highest average price have 1 bedroom, Their price is 32 % more expensive than the average. After that we have properties with 4 bedrooms priced at $30,463.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $17 / sq.feet, with an average $582.37 / sq.feet price in Sag Harbor. The properties with the most affordable average prices have 1 bedroom. They are 94 % more affordable than the average followed by properties with 2 bedrooms with a price at $31 / sq.feet.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $27,893 it is 9 % more affordable than the average price in Sag Harbor. "House" is seen as the second most affordable property type. The most expensive property type is "Apartment" followed by "House". At a price of $29,845 it is 18 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $70 / sq.feet followed by "Land" priced at $107 / sq.feet. "House" is the most affordable type of property with a $121 / sq.feet value followed by "Land" with an average price of $107 / sq.feet.