The rent prices in real estate in Bridgewater, in the Connecticut 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 Bridgewater has had a strong fall during the last 6 months. In March, the average price per sq.feet was $2. In the following month the price per sq.feet fell considerably to $1. The price for the following two months in (May, June) had a considerable fall of 67 with regard to the previous two months. The price per sq.feet has had a considerable fall of 40 % 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 $1.25 to $0.5 during July, and August.
When referring to the price in Bridgewater (cities), this has risen considerably in the last 6 months. In our first sample month during March, the average price is $2,714. In April This price remains at $2,747. During the following two months (May, June) the average price had a considerable rise of 129 % 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 216 % 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 $10,445 they are 70 % more affordable than the average price for Bridgewater . The properties with the lowest average price have 2 bedrooms, Their price is 50 % more affordable than the average. After that we have properties with 1 bedroom priced at $3,128.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 2147483647 % more expensive than the average price of ($305 / sq.feet) in Bridgewater. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 2147483647 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $10,445 it is 50 % more affordable than the average price in Bridgewater. "Condo" is seen as the second most affordable property type. The most affordable property is "Condo" followed by "House". At a price of $5,174 it is 25 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $305 / sq.feet followed by "Condo" priced at $417 / sq.feet. "Condo" is the most expensive type of property with a $417 / sq.feet value followed by "House" with an average price of $305 / sq.feet.