The rent prices in real estate in Conneaut Lake, in the Pennsylvania 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 Conneaut Lake has had a strong fall during the last 6 months. In November, the average price per sq.feet was $35. In the following month the price per sq.feet fell to $33. The price for the following two months in (January, February) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable fall of 4 % 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 $17 to $0.67 during March, and April.
When referring to the price in Conneaut Lake (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $1,263. In December This price remains at $1,229. During the following two months (January, February) the average price had a considerable fall of 83 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $1,142 to $822.5, which means a 72 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 20 % more affordable than the average price of $713 in Conneaut Lake. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 20 % more affordable than the average aforementioned.