Property prices for rent in Southampton (New York)
The rent prices in real estate in Southampton, in the New York region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Southampton has barely changed in the last 6 months. In October, the average price per sq.feet was $21.12. In the following month the price per sq.feet fell considerably to $16.21. In the following two months the price per sq.feet has risen 107 %, going from $18.67 to $20.06 per sq.feet. The price per sq.feet has had a considerable rise of 119 % 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 $19.36 to $23.02 during February, and March.
When referring to the price in Southampton (cities), this has risen in the last 6 months. In our first sample month during October, the average price is $36,598. In November This price remains at $35,572. In the following two months the average price has hardly changed with regard to the previous two months from $36,085 to $37,386.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 119 % during the last two months.
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 $45,976 they are 67 % more affordable than the average price for Southampton . The properties with the lowest average price have 4 bedrooms, Their price is 11 % more affordable than the average. After that we have properties with 3 bedrooms priced at $38,350.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $15 / sq.feet, with an average $22.52 / sq.feet price in Southampton. The properties with the most expensive average prices have 2 bedrooms. They are 2 % more expensive than the average followed by properties with 3 bedrooms with a price at $21 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $45,976 it is 62 % more affordable than the average price in Southampton. "Apartment" is seen as the second most affordable property type. The most expensive property type is "Detached House" followed by "House". At a price of $40,750 it is 2 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $10 / sq.feet followed by "Detached House" priced at $14 / sq.feet. "House" is the most affordable type of property with a $22 / sq.feet value followed by "Apartment" with an average price of $15 / sq.feet.
