The rent prices in real estate in Lusby, in the Maryland 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 Lusby has had a strong fall during the last 6 months. In December, the average price per sq.feet was $1.72. In the following month the price per sq.feet rose considerably to $2.14. The price for the following two months in (February, March) had a considerable fall of 78 with regard to the previous two months. The price per sq.feet has had a considerable fall of 58 % 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 $1.71 to $1 during April, and May.
When referring to the price in Lusby (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during December, is $2,416. During January the price went through a considerable rise reaching $2,891. During the following two months (February, March) the average price had a considerable fall of 59 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $2,114.75 to $1,621, which means a 77 % 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 $1,576 they are 26 % more affordable than the average price for Lusby . The properties with the highest average price have 2 bedrooms, Their price is 20 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,171.
The graph displaying the average rent prices displays the property type "" as the most expensive one. At an cost of $1,576 it is 7 % more expensive than the average price in Lusby. "House" is seen as the second most expensive property type. The most expensive property type is "House" followed by "". At a price of $1,680 it is 8 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $1 / sq.feet. "House" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.