The rent prices in real estate in Scarsdale, 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 Scarsdale has risen strongly during the last 6 months. In July, the average price per sq.feet was $2.7. In August this price barely changed remaining at $2.75 per sq.feet. The price for the following two months in (September, October) had a considerable rise of 119 %. The price per sq.feet has risen 111 % 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 $2.99 to $3.31 during November, and December.
When referring to the price in Scarsdale (cities), this has fallen considerably in the last 6 months. The average price for July is $6,205. During August the price had a considerable fall till $3,753. During the following two months (September, October) the price has had an average rise from $4,979 to $5,410. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 87 %, going from $5,194.5 to $4,531.5 in November and December.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $4,657 they are 40 % more affordable than the average price for Scarsdale . The properties with the highest average price have 4 bedrooms, Their price is 47 % more expensive than the average. After that we have properties with 3 bedrooms priced at $5,855.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $2.78 / sq.feet, with an average $3.54 / sq.feet price in Scarsdale. The properties with the most expensive average prices have 1 bedroom. They are 12 % more expensive than the average followed by properties with 2 bedrooms with a price at $3.68 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $4,657 it is 25 % more affordable than the average price in Scarsdale. "Condo" is seen as the second most affordable property type. The most expensive property type is "Commercial" followed by "". At a price of $5,507 it is 34 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $4.23 / sq.feet followed by "Condo" priced at $4.37 / sq.feet. "Commercial" is the most expensive type of property with a $144 / sq.feet value followed by "Condo" with an average price of $4.37 / sq.feet.