The rent prices in real estate in Chestertown, 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 Chestertown has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.81. In the following month the price per sq.feet fell considerably to $1.24. The price for the following two months in (December, January) fell 94 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 84 % 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 $1.48 to $1.24 during February, and March.
When referring to the price in Chestertown (cities), this has fallen in the last 6 months. The average price for October is $3,056. During November the price had a considerable fall till $2,454. In the following two months the average price has hardly changed with regard to the previous two months from $2,755 to $2,647. 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 3 bedrooms are the most affordable ones. At a price of $2,863 they are 71 % more affordable than the average price for Chestertown . The properties with the lowest average price have 2 bedrooms, Their price is 51 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,122.
According to average price per property type in Chestertown, "" priced at $829 is 71 % lower than the average price ($2,863) in this city.