The rent prices in real estate in Saugerties, 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 Saugerties has had a strong fall during the last 6 months. In March, the average price per sq.feet was $2.55. In the following month the price per sq.feet rose to $2.73. The price for the following two months in (May, June) had a considerable fall of 40 with regard to the previous two months. The price per sq.feet has had a considerable fall of 71 % 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 $1.85 to $1.3 during July, and August.
When referring to the price in Saugerties (cities), this has risen considerably in the last 6 months. The average price during our first sample month during March, is $2,025. During April the price went through a considerable rise reaching $2,925. During the following two months (May, June) the price has had an average rise from $2,475 to $2,724. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 128 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $5,625 they are 82 % more affordable than the average price for Saugerties . The properties with the lowest average price have 1 bedroom, Their price is 80 % more affordable than the average. After that we have properties with 2 bedrooms priced at $994.
According to average price per property type in Saugerties, "" priced at $994 is 82 % lower than the average price ($5,625) in this city.