The rent prices in real estate in Cromwell, in the Connecticut 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 Cromwell has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.11. In the following month the price per sq.feet fell to $1.02. The price for the following two months in (December, January) had a considerable rise of 120 %. The price per sq.feet has had a considerable rise of 3753 % 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 $1.17 to $44 during February, and March.
When referring to the price in Cromwell (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,494. In November This price remains at $1,542. In the following two months the average price has hardly changed with regard to the previous two months from $1,518 to $1,467. Based on an analysis of the first four prices and the last two months the average price has increased 113 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 14 % more affordable than the average price of $1,350 in Cromwell. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 14 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 4100 % more expensive than the average price of ($42 / sq.feet) in Cromwell. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 4100 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,573 it is 16 % more affordable than the average price in Cromwell. "Condo" is seen as the second most affordable property type. The most affordable property is "" followed by "House". At a price of $1,350 it is 4 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Townhouse" at an average price of $28 / sq.feet followed by "Condo" priced at $33 / sq.feet. "House" is the most expensive type of property with a $42 / sq.feet value followed by "Condo" with an average price of $33 / sq.feet.