The rent prices in real estate in Broadway, in the Virginia 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 Broadway has risen strongly during the last 6 months. In February, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $17. The price for the following two months in (April, May) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable rise of 247 % 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 $4.25 to $10.5 during June, and July.
When referring to the price in Broadway (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during February, is $834. During March the price went through a considerable rise reaching $1,287. During the following two months (April, May) the average price had a considerable fall of 46 % 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 127 % 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 $1,081 they are 19 % more affordable than the average price for Broadway . The properties with the lowest average price have 1 bedroom, Their price is 19 % more affordable than the average. After that we have properties with 4 bedrooms priced at $873.
According to average price per property type in Broadway, "" priced at $873 is 19 % lower than the average price ($1,081) in this city.