The rent prices in real estate in Bristol, in the Connecticut region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Bristol has fallen during the last 6 months. In September, the average price per sq.feet was $1.8. In October this price barely changed remaining at $1.81 per sq.feet. The price for the following two months in (November, December) fell 94 % with regard to the previous two months. The price per sq.feet has fallen 94 % 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 $1.75 to $1.64 during January, and February.
When referring to the price in Bristol (cities), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $1,556. In October This price remains at $1,612. In the following two months the average price has hardly changed with regard to the previous two months from $1,584 to $1,595.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,589.75 and $1,563 between January and February.
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 $1,516 they are 19 % more affordable than the average price for Bristol . The properties with the highest average price have 4 bedrooms, Their price is 66 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,835.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.51 / sq.feet, with an average $1.66 / sq.feet price in Bristol. The properties with the most expensive average prices have 1 bedroom. They are 17 % more expensive than the average followed by properties with 4 bedrooms with a price at $1.82 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,516 it is 28 % more affordable than the average price in Bristol. "Condo" is seen as the second most affordable property type. The most expensive property type is "Detached House" followed by "House". At a price of $1,660 it is 46 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Detached House" at an average price of $1 / sq.feet followed by "House" priced at $1.54 / sq.feet. "Condo" is the most expensive type of property with a $1.7 / sq.feet value followed by "House" with an average price of $1.54 / sq.feet.