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 August, the average price per sq.feet was $7. In the following month the price per sq.feet fell considerably to $5. The price for the following two months in (October, November) had a considerable fall of 42 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 $4.25 to during December, and January.
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 August, the average price is $1,384. In September This price remains at $1,343. In the following two months the average price has hardly changed with regard to the previous two months from $1,363.5 to $1,424. 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 $1,523 they are 14 % more affordable than the average price for Jeannette . The properties with the lowest average price have 2 bedrooms, Their price is 1 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,311.
According to average price per property type in Jeannette, "" priced at $1,505 is 1 % lower than the average price ($1,523) in this city.