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 October, the average price per sq.feet was $1.48. In the following month the price per sq.feet fell considerably to $1.18. The price for the following two months in (December, January) had a considerable fall of 78 with regard to the previous two months. The price per sq.feet has fallen 93 % 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 $1.18 to $1.11 during February, and March.
When referring to the price in Barboursville (cities), this has risen in the last 6 months. In our first sample month during October, the average price is $583. In November This price remains at $600. During the following two months (December, January) the average price had a considerable rise of 120 % 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 $650.5 and $664.5 between February and March.
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 $627 they are 23 % more affordable than the average price for Barboursville . The properties with the highest average price have 3 bedrooms, Their price is 33 % more expensive than the average. After that we have properties with 4 bedrooms priced at $765.
According to average price per property type in Barboursville, "" priced at $765 is 22 % more expensive than the average price ($627) in this city.