The rent prices in real estate in Burgaw, in the North Carolina 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 Burgaw has had a strong fall during the last 6 months. In March, the average price per sq.feet was $1. In April this price barely changed remaining at $1 per sq.feet. The price for the following two months in (May, June) had a considerable fall of 50 with regard to the previous two months. The price per sq.feet has had a considerable rise of 133 % 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 $0.75 to $1 during July, and August.
When referring to the price in Burgaw (cities), this has fallen in the last 6 months. In our first sample month during March, the average price is $1,998. In April This price remains at $1,911. During the following two months (May, June) the average price had a considerable fall of 59 % 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 164 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $2,913 they are 75 % more affordable than the average price for Burgaw . The properties with the lowest average price have 1 bedroom, Their price is 71 % more affordable than the average. After that we have properties with 2 bedrooms priced at $733.
According to average price per property type in Burgaw, "" priced at $733 is 75 % lower than the average price ($2,913) in this city.