The rent prices in real estate in East Lyme, 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 East Lyme has risen strongly during the last 6 months. In March, the average price per sq.feet was $2.7. In the following month the price per sq.feet rose considerably to $26.01. The price for the following two months in (May, June) had a considerable rise of 197 %. The price per sq.feet has had a considerable fall of 9 % 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 $21.34 to $1.83 during July, and August.
When referring to the price in East Lyme (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during March, is $5,706. During April the price went through a considerable rise reaching $9,180. During the following two months (May, June) the average price had a considerable fall of 24 % 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 $4,630.75 to $2,789, which means a 60 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $3,296 they are 53 % more affordable than the average price for East Lyme . The properties with the lowest average price have 1 bedroom, Their price is 41 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,564.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 3800 % more expensive than the average price of ($78 / sq.feet) in East Lyme. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 3800 % more expensive than the average value aforementioned.
With regard to the average price based upon the property in East Lyme we can see that the most affordable property type is "House" at a price of $1,763, they are 47 % cheaper than the average price of (!PRECIO2!). "House" has the most affordable price. This price is 47 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $63 / sq.feet. "House" at an average price of $63 / sq.feet has the highest price and would be directed at more affluent cities.