The rent prices in real estate in Stony Brook, in the New York region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Stony Brook has risen strongly during the last 6 months. In November, the average price per sq.feet was $28. In the following month the price per sq.feet fell considerably to $2.54. The price for the following two months in (January, February) had a considerable rise of 7106 %. The price per sq.feet has had a considerable fall of 3 % 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 $550.14 to $18 during March, and April.
When referring to the price in Stony Brook (cities), this has risen considerably in the last 6 months. The average price during our first sample month during November, is $2,569. During December the price went through a considerable rise reaching $3,820. During the following two months (January, February) the average price had a considerable rise of 132 % 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 $3,705.75 to $3,101.5, which means a 84 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 7 % more expensive than the average price of $3,120 in Stony Brook. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 7 % more expensive than the average aforementioned.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $2,927 it is 24 % more affordable than the average price in Stony Brook. "" is seen as the second most affordable property type. The most expensive property type is "" followed by "Condo". At a price of $2,216 it is 7 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "Condo with an average cost of $94 / sq.feet. "Condo" at an average price of $94 / sq.feet has the highest price and would be directed at more affluent cities.