The rent prices in real estate in Slingerlands, 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 Slingerlands has had a strong fall during the last 6 months. In February, the average price per sq.feet was $23. In the following month the price per sq.feet fell considerably to . The price for the following two months in (April, May) had a considerable fall of 4 with regard to the previous two months. The price per sq.feet has had a considerable fall of 17 % 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 $6 to $1 during June, and July.
When referring to the price in Slingerlands (cities), this has risen considerably in the last 6 months. The average price during our first sample month during February, is $1,643. During March the price went through a considerable rise reaching $2,641. In the following two months the average price has hardly changed with regard to the previous two months from $2,142 to $2,119.5. During the last two months the average price has fallen greatly compared to the previous four going from $2,130.75 to $1,598, which means a 75 % 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 $1,598 they are 16 % more affordable than the average price for Slingerlands . The properties with the lowest average price have 1 bedroom, Their price is 7 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,470.
With regard to the average prices per sq.feet those properties with 1 bedroom are 900 % more expensive than the average price of ($10 / sq.feet) in Slingerlands. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 900 % more expensive than the average value aforementioned.
According to average price per property type in Slingerlands, "" priced at $1,350 is 16 % lower than the average price ($1,598) in this city.