The rent prices in real estate in Jeannette, 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 Jeannette has had a strong fall during the last 6 months. In February, the average price per sq.feet was $6. In the following month the price per sq.feet fell considerably to $4. The price for the following two months in (April, May) had a considerable fall of 40 with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 $3.5 to during June, and July.
When referring to the price in Jeannette (cities), there have hardly been any changes in the last 6 months. In our first sample month during February, the average price is $1,382. In March This price remains at $1,341. In the following two months the average price has hardly changed with regard to the previous two months from $1,361.5 to $1,422. Based on an analysis of the first four prices and the last two months the average price has increased 109 % 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 $1,521 they are 15 % more affordable than the average price for Jeannette . The properties with the lowest average price have 2 bedrooms, Their price is 2 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,299.
According to average price per property type in Jeannette, "" priced at $1,493 is 2 % lower than the average price ($1,521) in this city.