The rent prices in real estate in Lovettsville, in the Virginia 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 Lovettsville has had a strong fall during the last 6 months. In September, the average price per sq.feet was $1.82. In the following month the price per sq.feet fell considerably to $1.45. In the following two months the price per sq.feet has risen 108 %, going from $1.63 to $1.76 per sq.feet. 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 $1.7 to $1.15 during January, and February.
When referring to the price in Lovettsville (cities), this has fallen in the last 6 months. In our first sample month during September, the average price is $2,950. In October This price remains at $3,039. During the following two months (November, December) the average price had a considerable fall of 75 % 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 118 % 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 $3,133 they are 44 % more affordable than the average price for Lovettsville . The properties with the lowest average price have 2 bedrooms, Their price is 44 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,754.
According to average price per property type in Lovettsville, "" priced at $1,763 is 44 % lower than the average price ($3,133) in this city.