Property prices for rent in Shelter Island (New York)
The rent prices in real estate in Shelter Island, 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 Shelter Island has risen strongly during the last 6 months. In February, the average price per sq.feet was $27. In the following month the price per sq.feet fell considerably to $9. The price for the following two months in (April, May) had a considerable rise of 353 %. The price per sq.feet has had a considerable rise of 285 % 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 $40.72 to $115.9 during June, and July.
When referring to the price in Shelter Island (cities), this has risen considerably in the last 6 months. In our first sample month during February, the average price is $17,051. In March This price remains at $16,251. During the following two months (April, May) the average price had a considerable rise of 149 % 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 113 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 22 % more affordable than the average price of $18,363 in Shelter Island. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 22 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 77 % more affordable than the average price of ($27 / sq.feet) in Shelter Island. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 77 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $23,423 it is 22 % more affordable than the average price in Shelter Island. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Land". At a price of $18,173 it is 22 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "Land" at an average price of $17 / sq.feet followed by "House" priced at $27 / sq.feet. "House" is the most affordable type of property with a $27 / sq.feet value followed by "Land" with an average price of $17 / sq.feet.
