The rent prices in real estate in Barrington, in the Illinois 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 Barrington has had a strong fall during the last 6 months. In January, the average price per sq.feet was $61.51. In February this price barely changed remaining at $62.3 per sq.feet. The price for the following two months in (March, April) had a considerable fall of 80 with regard to the previous two months. The price per sq.feet has had a considerable fall of 2 % 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 $55.6 to $1.27 during May, and June.
When referring to the price in Barrington (cities), this has fallen in the last 6 months. The average price for January is $2,255. During February the price had a slight fall till $2,063. During the following two months (March, April) the average price had a considerable fall of 78 % 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 114 % 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 $2,481 they are 26 % more affordable than the average price for Barrington . The properties with the highest average price have 4 bedrooms, Their price is 30 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,094.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $32 / sq.feet, with an average $1.24 / sq.feet price in Barrington. The properties with the most expensive average prices have 1 bedroom. They are 5223 % more expensive than the average followed by properties with 2 bedrooms with a price at $32 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,481 it is 25 % more affordable than the average price in Barrington. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $2,092 it is 1 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $85 / sq.feet followed by "Condo" priced at $90 / sq.feet. "Condo" is the most expensive type of property with a $90 / sq.feet value followed by "House" with an average price of $85 / sq.feet.