The rent prices in real estate in Stony Point, 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 Stony Point has fallen during the last 6 months. In October, the average price per sq.feet was $2.56. In the following month the price per sq.feet fell to $2.42. The price for the following two months in (December, January) fell 93 % with regard to the previous two months. The price per sq.feet has fallen 92 % 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 $2.4 to $2.19 during February, and March.
When referring to the price in Stony Point (cities), this has risen in the last 6 months. The average price during our first sample month during October, is $2,971. During November the price went through a considerable rise reaching $3,485. During the following two months (December, January) the average price fell 90 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 109 % 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 $3,680 they are 50 % more affordable than the average price for Stony Point . The properties with the highest average price have 3 bedrooms, Their price is 1 % more expensive than the average. After that we have properties with 4 bedrooms priced at $3,443.
According to average price per property type in Stony Point, "" priced at $2,945 is 20 % lower than the average price ($3,680) in this city.