The rent prices in real estate in Berkeley Springs, in the West Virginia 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 Berkeley Springs has risen strongly during the last 6 months. In September, the average price per sq.feet was $1.18. In the following month the price per sq.feet fell to $1.07. The price for the following two months in (November, December) had a considerable rise of 213 %. The price per sq.feet has had a considerable rise of 214 % 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 $1.76 to $3.78 during January, and February.
When referring to the price in Berkeley Springs (cities), this has risen considerably in the last 6 months. In our first sample month during September, the average price is $1,182. In October This price remains at $1,228. During the following two months (November, December) the average price had a considerable rise of 152 % 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 had a strong increase of 158 % 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 $2,148 they are 51 % more affordable than the average price for Berkeley Springs . The properties with the highest average price have 3 bedrooms, Their price is 65 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,794.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.07 / sq.feet, with an average $3.48 / sq.feet price in Berkeley Springs. The properties with the most expensive average prices have 2 bedrooms. They are 41 % more expensive than the average followed by properties with 3 bedrooms with a price at $3.96 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,148 it is 68 % more affordable than the average price in Berkeley Springs. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $2,202 it is 42 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $2.19 / sq.feet followed by "Apartment" priced at $3.99 / sq.feet. "Apartment" is the most expensive type of property with a $3.99 / sq.feet value followed by "House" with an average price of $2.19 / sq.feet.