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 January, the average price per sq.feet was $87.75. In the following month the price per sq.feet fell considerably to $3.65. The price for the following two months in (March, April) had a considerable fall of 33 with regard to the previous two months. The price per sq.feet has had a considerable fall of 40 % 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 $30.33 to $12.17 during May, and June.
When referring to the price in Darien (cities), there have hardly been any changes in the last 6 months. In our first sample month during January, the average price is $3,806. In February This price remains at $3,617. During the following two months (March, April) the price has had an average rise from $3,711.5 to $3,959. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $3,835.25 and $3,988.5 between May and June.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 12 % more affordable than the average price of $3,678 in Darien. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 12 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 448 % more expensive than the average price of ($95 / sq.feet) in Darien. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 448 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $4,168 it is 9 % more affordable than the average price in Darien. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Land". At a price of $3,786 it is 7 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $51 / sq.feet followed by "Land" priced at $83 / sq.feet. "Land" is the most expensive type of property with a $83 / sq.feet value followed by "House" with an average price of $51 / sq.feet.