The rent prices in real estate in Elizabeth City, in the North Carolina 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 Elizabeth City has had a strong fall during the last 6 months. In June, the average price per sq.feet was $3.43. In the following month the price per sq.feet rose considerably to $5.22. The price for the following two months in (August, September) had a considerable fall of 19 with regard to the previous two months. The price per sq.feet has had a considerable fall of 31 % 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 $2.57 to $0.8 during October, and November.
When referring to the price in Elizabeth City (cities), this has fallen in the last 6 months. The average price for June is $1,144. During July the price had a slight fall till $1,079. During the following two months (August, September) the average price fell 95 % with regard to the previous two months. 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 $1,083 and $1,045.5 between October and November.
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 $1,041 they are 38 % more affordable than the average price for Elizabeth City . The properties with the highest average price have 4 bedrooms, Their price is 29 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,180.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,041 it is 22 % more affordable than the average price in Elizabeth City. "Condo" is seen as the second most affordable property type. The most affordable property is "Condo" followed by "". At a price of $812 it is 11 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "Condo with an average cost of $6 / sq.feet. "Condo" at an average price of $6 / sq.feet has the highest price and would be directed at more affluent cities.