The rent prices in real estate in Southold, in the New York region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Southold has risen during the last 6 months. In November, the average price per sq.feet was $7.47. In December this price barely changed remaining at $7.56 per sq.feet. In the following two months the price per sq.feet has risen 115 %, going from $7.51 to $8.64 per sq.feet. The price per sq.feet has risen 107 % 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 $8.08 to $8.61 during March, and April.
When referring to the price in Southold (cities), this has risen considerably in the last 6 months. The rent price in November is $15,973, rising in December till $17,182. During the following two months (January, February) the price has had an average rise from $16,577.5 to $19,006. 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 $17,791.75 and $18,497.5 between March and April.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 26 % more affordable than the average price of $14,777 in Southold. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 26 % more affordable than the average aforementioned.
The graph displaying the average rent prices displays the property type "Detached House" as the most affordable one. At an cost of $20,062 it is 72 % more affordable than the average price in Southold. "Land" is seen as the second most affordable property type. The most affordable property is "" followed by "Land". At a price of $6,131 it is 26 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Detached House" at an average price of $33 / sq.feet followed by "Land" priced at $373 / sq.feet. "Land" is the most expensive type of property with a $373 / sq.feet value followed by "Detached House" with an average price of $33 / sq.feet.