The rent prices in real estate in Hellertown, 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 Hellertown has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.67. In December this price barely changed remaining at $1.65 per sq.feet. The price for the following two months in (January, February) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable rise of 155 % 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 $0.83 to $1.28 during March, and April.
When referring to the price in Hellertown (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $1,813. In December This price remains at $1,780. During the following two months (January, February) the price has had an average rise from $1,796.5 to $1,938. During the last two months the average price has fallen greatly compared to the previous four going from $1,867.25 to $806.5, which means a 43 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $750 they are 27 % more expensive than the average price for Hellertown. Following this ranking we find those properties with 2 at an average price of $1,952. The properties with the highest average price have 2 bedrooms, Their price is 160 % more expensive than the average. After that we have properties with 1 bedroom priced at $949.
With regard to the average prices per sq.feet those properties with 1 bedroom are 19 % more affordable than the average price of ($1 / sq.feet) in Hellertown. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 19 % more affordable than the average value aforementioned.
According to average price per property type in Hellertown, "" priced at $1,952 is 160 % more expensive than the average price ($750) in this city.