The rent prices in real estate in Water Mill, in the New York region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Water Mill has had a strong fall during the last 6 months. In November, the average price per sq.feet was $27.56. In the following month the price per sq.feet fell considerably to $9.79. The price for the following two months in (January, February) had a considerable fall of 63 with regard to the previous two months. The price per sq.feet has had a considerable fall of 63 % 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 $15.18 to $9.57 during March, and April.
When referring to the price in Water Mill (cities), there have hardly been any changes in the last 6 months. The average price for November is $34,259. During December the price had a slight fall till $31,316. During the following two months (January, February) the price has had an average rise from $32,787.5 to $36,998. Based on an analysis of the first four prices and the last two months the average price has increased 107 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 12 % more expensive than the average price of $43,676 in Water Mill. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 12 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 597 % more expensive than the average price of ($73 / sq.feet) in Water Mill. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 597 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $39,070 it is 7 % more affordable than the average price in Water Mill. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $36,163 it is 12 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $73 / sq.feet. "House" at an average price of $73 / sq.feet has the highest price and would be directed at more affluent cities.