The rent prices in real estate in Gloucester, in the 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 Gloucester has risen strongly during the last 6 months. In May, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $2. The price for the following two months in (July, August) had a considerable rise of 122 %. The price per sq.feet has had a considerable rise of 134 % 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 $1.66 to $2.22 during September, and October.
When referring to the price in Gloucester (cities), this has risen considerably in the last 6 months. In our first sample month during May, the average price is $1,698. In June This price remains at $1,648. During the following two months (July, August) the average price had a considerable rise of 133 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 125 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 37 % more affordable than the average price of $1,441 in Gloucester. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 37 % more affordable than the average aforementioned.
According to average price per property type in Gloucester, "" priced at $1,441 is 37 % lower than the average price ($2,299) in this city.