The rent prices in real estate in Somers, in the New York region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Somers has fallen during the last 6 months. In October, the average price per sq.feet was $2.55. In the following month the price per sq.feet fell to $2.25. The price for the following two months in (December, January) fell 86 % with regard to the previous two months. The price per sq.feet has risen 113 % 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 $2.23 to $2.53 during February, and March.
When referring to the price in Somers (cities), this has fallen considerably in the last 6 months. The rent price in October is $4,976, rising in November till $5,565. During the following two months (December, January) the average price had a considerable fall of 72 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $4,520.5 to $3,812, which means a 84 % fall.
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 $3,633 they are 29 % more affordable than the average price for Somers . The properties with the highest average price have 3 bedrooms, Their price is 23 % more expensive than the average. After that we have properties with 4 bedrooms priced at $4,125.
The graph displaying the average rent prices displays the property type "Commercial" as the most affordable one. At an cost of $3,633 it is 20 % more affordable than the average price in Somers. "" is seen as the second most affordable property type. The most expensive property type is "Land" followed by "". At a price of $3,111 it is 11 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Land" at an average price of $2 / sq.feet followed by "Commercial" priced at $13 / sq.feet. "Commercial" is the most expensive type of property with a $13 / sq.feet value followed by "Land" with an average price of $2 / sq.feet.