The rent prices in real estate in Great Mills, in the Maryland 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 Great Mills has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.92. In the following month the price per sq.feet fell considerably to $1.58. The price for the following two months in (December, January) had a considerable fall of 71 with regard to the previous two months. The price per sq.feet has had a considerable fall of 80 % 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 $1.5 to $1.21 during February, and March.
When referring to the price in Great Mills (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,833. In November This price remains at $1,793. In the following two months the average price has hardly changed with regard to the previous two months from $1,813 to $1,759. 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 $1,786 and $1,713.5 between February and March.
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 $1,693 they are 7 % more affordable than the average price for Great Mills . The properties with the highest average price have 4 bedrooms, Their price is 22 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,827.
With regard to the average prices per sq.feet those properties with 1 bedroom are 18 % more affordable than the average price of ($1 / sq.feet) in Great Mills. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 18 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,693 it is 8 % more affordable than the average price in Great Mills. "" is seen as the second most affordable property type. The most expensive property type is "" followed by "Apartment". At a price of $1,552 it is 22 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "Apartment with an average cost of $1 / sq.feet. "Apartment" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.