The rent prices in real estate in Canonsburg, in the Pennsylvania 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 Canonsburg has risen strongly during the last 6 months. In December, the average price per sq.feet was $1.09. In the following month the price per sq.feet rose to $1.16. The price for the following two months in (February, March) had a considerable rise of 152 %. The price per sq.feet has fallen 88 % 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 $1.42 to $1.25 during April, and May.
When referring to the price in Canonsburg (cities), this has risen considerably in the last 6 months. The average price during our first sample month during December, is $1,396. During January the price went through a considerable rise reaching $1,715. In the following two months the average price has hardly changed with regard to the previous two months from $1,555.5 to $1,609. Based on an analysis of the first four prices and the last two months the average price has increased 108 % during the last two months.
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 $1,824 they are 49 % more affordable than the average price for Canonsburg . The properties with the lowest average price have 3 bedrooms, Their price is 17 % more affordable than the average. After that we have properties with 4 bedrooms priced at $1,364.
According to average price per property type in Canonsburg, "" priced at $1,364 is 25 % lower than the average price ($1,824) in this city.