The rent prices in real estate in Chesapeake Beach, in the Maryland region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Chesapeake Beach has fallen during the last 6 months. In October, the average price per sq.feet was $1.78. In the following month the price per sq.feet fell to $1.58. In the following two months the price per sq.feet has practically remained the same, going from $1.68 to $1.68 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.68 to $1.63 during February y March
When referring to the price in Chesapeake Beach (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $2,716. In November This price remains at $2,751. In the following two months the average price has hardly changed with regard to the previous two months from $2,733.5 to $2,751. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $2,742.25 to $2,587 in February and March.
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 $2,598 they are 22 % more affordable than the average price for Chesapeake Beach . The properties with the highest average price have 2 bedrooms, Their price is 42 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,758.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 42 % more affordable than the average price of ($1 / sq.feet) in Chesapeake Beach. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 42 % more affordable than the average value aforementioned.
According to average price per property type in Chesapeake Beach, "" priced at $2,797 is 8 % more expensive than the average price ($2,598) in this city.