The rent prices in real estate in Fairmont, in the West Virginia 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 Fairmont has risen strongly during the last 6 months. In October, the average price per sq.feet was $0.97. In the following month the price per sq.feet rose considerably to $6. The price for the following two months in (December, January) had a considerable fall of 12 with regard to the previous two months. The price per sq.feet has had a considerable fall of 45 % 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 $1.96 to $0.89 during February, and March.
When referring to the price in Fairmont (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during October, is $998. During November the price went through a considerable rise reaching $1,207. During the following two months (December, January) the average price had a considerable fall of 81 % 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 $998 to $589.5, which means a 59 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 11 % more expensive than the average price of $663 in Fairmont. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 11 % more expensive than the average aforementioned.
According to average price per property type in Fairmont, "" priced at $663 is 11 % more expensive than the average price ($596) in this city.