Property prices for rent in Litchfield (Connecticut)
The rent prices in real estate in Litchfield, in the Connecticut region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Litchfield has risen strongly during the last 6 months. In January, the average price per sq.feet was $2.38. In the following month the price per sq.feet rose considerably to $3.62. The price for the following two months in (March, April) had a considerable rise of 118 %. The price per sq.feet has fallen 95 % 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 $3.27 to $3.1 during May, and June.
When referring to the price in Litchfield (cities), this has risen considerably in the last 6 months. In our first sample month during January, the average price is $4,625. In February This price remains at $4,650. During the following two months (March, April) the average price had a considerable rise of 140 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 138 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 76 % more affordable than the average price of $1,884 in Litchfield. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 76 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 3330 % more expensive than the average price of ($95 / sq.feet) in Litchfield. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 3330 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $7,854 it is 76 % more affordable than the average price in Litchfield. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Condo". At a price of $1,864 it is 76 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Condo" at an average price of $85 / sq.feet followed by "House" priced at $95 / sq.feet. "House" is the most expensive type of property with a $95 / sq.feet value followed by "Condo" with an average price of $85 / sq.feet.
