The rent prices in real estate in Beacon Falls, in the Connecticut region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Beacon Falls has risen strongly during the last 6 months. In October, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $1. The price for the following two months in (December, January) had a considerable rise of 286 %. The price per sq.feet has had a considerable rise of 129 % 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 $0.96 to $1.25 during February, and March.
When referring to the price in Beacon Falls (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,857. In November This price remains at $1,810. In the following two months the average price has hardly changed with regard to the previous two months from $1,833.5 to $1,885.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $1,859.5 to $1,748.5 in 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 $1,663 they are 22 % more affordable than the average price for Beacon Falls . The properties with the lowest average price have 3 bedrooms, Their price is 2 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,455.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,663 it is 19 % more affordable than the average price in Beacon Falls. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Townhouse". At a price of $1,355 it is 17 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Townhouse" at an average price of $42 / sq.feet followed by "House" priced at $52 / sq.feet. "House" is the most expensive type of property with a $52 / sq.feet value followed by "Townhouse" with an average price of $42 / sq.feet.