The rent prices in real estate in Capitol Heights, in the Maryland 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 Capitol Heights has had a strong fall during the last 6 months. In January, the average price per sq.feet was $3.04. In the following month the price per sq.feet fell considerably to $1.75. The price for the following two months in (March, April) had a considerable fall of 56 with regard to the previous two months. The price per sq.feet has had a considerable fall of 63 % 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 $1.87 to $1.18 during May, and June.
When referring to the price in Capitol Heights (cities), there have hardly been any changes in the last 6 months. In our first sample month during January, the average price is $1,435. In February This price remains at $1,462. In the following two months the average price has hardly changed with regard to the previous two months from $1,448.5 to $1,465.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 93 %, going from $1,457 to $1,356 in May and June.
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 $1,695 they are 28 % more affordable than the average price for Capitol Heights . The properties with the highest average price have 4 bedrooms, Their price is 392 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,607.
With regard to the average prices per sq.feet those properties with 4 bedrooms are 3381 % more expensive than the average price of ($47 / sq.feet) in Capitol Heights. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 4 bedrooms. They are 3381 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,695 it is 22 % more affordable than the average price in Capitol Heights. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $1,314 it is 191 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $21 / sq.feet. "House" at an average price of $21 / sq.feet has the highest price and would be directed at more affluent cities.