The rent prices in real estate in Brightwood, in the 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 Brightwood has had a strong fall during the last 6 months. In November, the average price per sq.feet was $2.21. In December this price barely changed remaining at $2.21 per sq.feet. The price for the following two months in (January, February) had a considerable fall of 75 with regard to the previous two months. The price per sq.feet has had a considerable fall of 78 % 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 $1.93 to $1.5 during March, and April.
When referring to the price in Brightwood (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,300. In December This price remains at $1,300. During the following two months (January, February) the price has had an average rise from $1,300 to $1,450. During the last two months the average price has fallen greatly compared to the previous four going from $1,375 to $1,164, which means a 85 % fall.