The rent prices in real estate in Hazleton, 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 Hazleton has had a strong fall during the last 6 months. In December, the average price per sq.feet was $35. In the following month the price per sq.feet fell considerably to . The price for the following two months in (February, March) had a considerable fall of 60 with regard to the previous two months. The price per sq.feet has had a considerable fall of 10 % 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 $14 to $1.42 during April, and May.
When referring to the price in Hazleton (cities), this has fallen considerably in the last 6 months. The average price for December is $46,231. During January the price had a considerable fall till $807. During the following two months (February, March) the average price had a considerable fall of 70 % 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 $19,960.75 to $1,700, which means a 9 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,700 they are 56 % more affordable than the average price for Hazleton . The properties with the lowest average price have 1 bedroom, Their price is 55 % more affordable than the average. After that we have properties with 2 bedrooms priced at $740.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,700 it is 57 % more affordable than the average price in Hazleton. "" is seen as the second most affordable property type. The most affordable property is "" followed by "Apartment". At a price of $725 it is 56 % more affordable 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.