The rent prices in real estate in Great Mills, in the Maryland region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Great Mills has fallen during the last 6 months. In May, the average price per sq.feet was $1.18. In the following month the price per sq.feet rose to $1.33. The price for the following two months in (July, August) had a considerable fall of 83 with regard to the previous two months. The price per sq.feet has fallen 92 % 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 $1.15 to $1.06 during September, and October.
When referring to the price in Great Mills (cities), there have hardly been any changes in the last 6 months. The average price for May is $1,288. During June the price had a slight fall till $1,099. In the following two months the average price has hardly changed with regard to the previous two months from $1,193.5 to $1,244. Based on an analysis of the first four prices and the last two months the average price has increased 106 % during the last two months.
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 $1,151 they are 14 % more affordable than the average price for Great Mills . The properties with the highest average price have 3 bedrooms, Their price is 20 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,260.
According to average price per property type in Great Mills, "" priced at $1,381 is 20 % more expensive than the average price ($1,151) in this city.