The rent prices in real estate in Broadway, 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 Broadway has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.32. In the following month the price per sq.feet rose considerably to $1.57. The price for the following two months in (December, January) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable rise of 138 % 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 $0.72 to $1 during February, and March.
When referring to the price in Broadway (cities), this has fallen in the last 6 months. The average price for October is $1,549. During November the price had a considerable fall till $1,298. During the following two months (December, January) the average price had a considerable fall of 78 % 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 144 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,633 they are 49 % more affordable than the average price for Broadway . The properties with the lowest average price have 1 bedroom, Their price is 49 % more affordable than the average. After that we have properties with 4 bedrooms priced at $833.
According to average price per property type in Broadway, "" priced at $833 is 49 % lower than the average price ($1,633) in this city.