The rent prices in real estate in Barboursville, in the West Virginia 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 Barboursville has had a strong fall during the last 6 months. In November, the average price per sq.feet was $8. In the following month the price per sq.feet fell considerably to $2. The price for the following two months in (January, February) fell 89 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 11 % 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 $4.72 to $0.5 during March, and April.
When referring to the price in Barboursville (cities), there have hardly been any changes in the last 6 months. The rent price in November is $753, rising in December till $794. In the following two months the average price has hardly changed with regard to the previous two months from $773.5 to $793. During the last two months the average price has fallen greatly compared to the previous four going from $783.25 to $657, which means a 84 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $645 they are 3 % more expensive than the average price for Barboursville. Following this ranking we find those properties with 2 at an average price of $781. The properties with the highest average price have 3 bedrooms, Their price is 62 % more expensive than the average. After that we have properties with 4 bedrooms priced at $800.
According to average price per property type in Barboursville, "" priced at $800 is 24 % more expensive than the average price ($645) in this city.