The rent prices in real estate in Bala Cynwyd, in the Pennsylvania 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 Bala Cynwyd has risen during the last 6 months. In August, the average price per sq.feet was $2.42. In the following month the price per sq.feet rose considerably to $2.81. In the following two months the price per sq.feet has practically remained the same, going from $2.62 to $2.67 per sq.feet. The price per sq.feet has risen 106 % 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 $2.64 to $2.8 during December, and January.
When referring to the price in Bala Cynwyd (cities), there have hardly been any changes in the last 6 months. In our first sample month during August, the average price is $2,376. In September This price remains at $2,357. During the following two months (October, November) the average price fell 93 % with regard to the previous two months. 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 $2,283.25 and $2,273.5 between December and January.
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 $2,275 they are 5 % more affordable than the average price for Bala Cynwyd . The properties with the highest average price have 4 bedrooms, Their price is 68 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,925.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.94 / sq.feet, with an average $2.9 / sq.feet price in Bala Cynwyd. The properties with the most expensive average prices have 1 bedroom. They are 2 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.56 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,275 it is 11 % more affordable than the average price in Bala Cynwyd. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $2,625 it is 42 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $2 / sq.feet. "House" with an average price of $2 / sq.feet has the most affordable price and would be directed at less affluent cities.