The rent prices in real estate in Bristol, 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 Bristol has risen strongly during the last 6 months. In August, the average price per sq.feet was $1.15. In the following month the price per sq.feet rose to $1.23. In the following two months the price per sq.feet has practically remained the same, going from $1.19 to $1.16 per sq.feet. The price per sq.feet has had a considerable rise of 158 % 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 $1.18 to $1.87 during December, and January.
When referring to the price in Bristol (cities), this has fallen in the last 6 months. The average price for August is $1,289. During September the price had a slight fall till $1,146. During the following two months (October, November) the average price fell 91 % with regard to the previous two months. 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 $1,162.75 to $1,092 in December and January.
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 $1,132 they are 28 % more affordable than the average price for Bristol . The properties with the highest average price have 4 bedrooms, Their price is 38 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,365.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $0.76 / sq.feet, with an average $2.63 / sq.feet price in Bristol. The properties with the most expensive average prices have 4 bedrooms. They are 583 % more expensive than the average followed by properties with 1 bedroom with a price at $4.03 / sq.feet.
The graph displaying the average rent prices displays the property type "Commercial" as the most affordable one. At an cost of $1,132 it is 14 % more affordable than the average price in Bristol. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $1,124 it is 29 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $1.21 / sq.feet followed by "House" priced at $4.2 / sq.feet. "Commercial" is the most expensive type of property with a $16 / sq.feet value followed by "House" with an average price of $4.2 / sq.feet.