Property prices for rent in Shelter Island (New York)
The rent prices in real estate in Shelter Island, 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 Shelter Island has had a strong fall during the last 6 months. In August, the average price per sq.feet was $26. In the following month the price per sq.feet fell considerably to $19.52. The price for the following two months in (October, November) had a considerable rise of 148 %. The price per sq.feet has had a considerable fall of 30 % 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 $28.23 to $8.45 during December, and January.
When referring to the price in Shelter Island (cities), there have hardly been any changes in the last 6 months. The average price for August is $17,033. During September the price had a slight fall till $15,329. In the following two months the average price has hardly changed with regard to the previous two months from $16,181 to $16,561. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $16,371 and $17,169 between December and January.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 9 % more expensive than the average price of $18,249 in Shelter Island. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 9 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 142 % more expensive than the average price of ($21 / sq.feet) in Shelter Island. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 142 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Land" as the most expensive one. At an cost of $16,693 it is 8 % more expensive than the average price in Shelter Island. "House" is seen as the second most expensive property type. The most expensive property type is "House" followed by "Land". At a price of $18,059 it is 9 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Land" at an average price of $11 / sq.feet followed by "House" priced at $21 / sq.feet. "House" is the most expensive type of property with a $21 / sq.feet value followed by "Land" with an average price of $11 / sq.feet.
