The rent prices in real estate in Darien, in the Connecticut 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 Darien has had a strong fall during the last 6 months. In July, the average price per sq.feet was $64.45. In August this price barely changed remaining at $61.55 per sq.feet. The price for the following two months in (September, October) had a considerable fall of 13 with regard to the previous two months. The price per sq.feet has had a considerable fall of 8 % 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 $35.55 to $2.79 during November, and December.
When referring to the price in Darien (cities), this has fallen considerably in the last 6 months. The rent price in July is $7,110, rising in August till $7,678. During the following two months (September, October) the average price fell 86 % 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 $6,887.5 to $4,683, which means a 68 % fall.
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 $4,359 they are 49 % more affordable than the average price for Darien . The properties with the highest average price have 4 bedrooms, Their price is 217 % more expensive than the average. After that we have properties with 3 bedrooms priced at $6,771.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $2.68 / sq.feet, with an average $2.79 / sq.feet price in Darien. The properties with the most expensive average prices have 4 bedrooms. They are 27 % more expensive than the average followed by properties with 3 bedrooms with a price at $2.93 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $4,359 it is 20 % more affordable than the average price in Darien. "Duplex" is seen as the second most affordable property type. The most affordable property is "" followed by "Condo". At a price of $3,754 it is 10 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $2.74 / sq.feet followed by "Duplex" priced at $65 / sq.feet. "Condo" is the most expensive type of property with a $75 / sq.feet value followed by "Townhouse" with an average price of $70 / sq.feet.