The rent prices in real estate in Little Compton, in the Rhode Island 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 Little Compton has had a strong fall during the last 6 months. In September, the average price per sq.feet was $2.32. In the following month the price per sq.feet rose to $2.49. The price for the following two months in (November, December) had a considerable fall of 70 with regard to the previous two months. The price per sq.feet has had a considerable fall of 68 % 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 $2.05 to $1.39 during January, and February.
When referring to the price in Little Compton (cities), this has risen in the last 6 months. The average price during our first sample month during September, is $4,755. During October the price went through a considerable rise reaching $6,767. In the following two months the average price has hardly changed with regard to the previous two months from $5,761 to $6,010. During the last two months the average price has fallen greatly compared to the previous four going from $5,885.5 to $4,043, which means a 69 % fall.
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 $3,200 they are 32 % more affordable than the average price for Little Compton . The properties with the lowest average price have 2 bedrooms, Their price is 31 % more affordable than the average. After that we have properties with 1 bedroom priced at $2,166.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $16 / sq.feet, with an average $1.46 / sq.feet price in Little Compton. The properties with the most expensive average prices have 1 bedroom. They are 2160 % more expensive than the average followed by properties with 2 bedrooms with a price at $16 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $3,200 it is 31 % more affordable than the average price in Little Compton. "" is seen as the second most affordable property type. The most affordable property is "" followed by "House". At a price of $2,204 it is 24 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $16 / sq.feet. "House" at an average price of $16 / sq.feet has the highest price and would be directed at more affluent cities.