The rent prices in real estate in Folcroft, in the Pennsylvania 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 Folcroft has had a strong fall during the last 6 months. In May, the average price per sq.feet was $1.66. In June this price barely changed remaining at $1.69 per sq.feet. The price for the following two months in (July, August) had a considerable fall of 82 with regard to the previous two months. The price per sq.feet has had a considerable fall of 75 % 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 $1.53 to $1.15 during September, and October.
When referring to the price in Folcroft (cities), there have hardly been any changes in the last 6 months. The average price for May is $1,356. During June the price had a slight fall till $1,247. During the following two months (July, August) the price has had an average rise from $1,301.5 to $1,478. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 93 %, going from $1,389.75 to $1,286.5 in September and October.
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 $1,267 they are 28 % more affordable than the average price for Folcroft . The properties with the lowest average price have 2 bedrooms, Their price is 8 % more affordable than the average. After that we have properties with 3 bedrooms priced at $1,132.
With regard to the average prices per sq.feet those properties with 1 bedroom are 20 % more expensive than the average price of ($1.56 / sq.feet) in Folcroft. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 20 % more expensive than the average value aforementioned.
According to average price per property type in Folcroft, "" priced at $1,132 is 11 % lower than the average price ($1,267) in this city.