The rent prices in real estate in Mercersburg, in the Pennsylvania 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 Mercersburg has risen strongly during the last 6 months. In September, the average price per sq.feet was $1.02. In October this price barely changed remaining at $1.06 per sq.feet. The price for the following two months in (November, December) had a considerable rise of 5794 %. The price per sq.feet has had a considerable fall of 26 % 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 $30.65 to $8.02 during January, and February.
When referring to the price in Mercersburg (cities), this has fallen in the last 6 months. The average price during our first sample month during September, is $3,150. During October the price went through a considerable rise reaching $5,500. During the following two months (November, December) the average price had a considerable fall of 77 % 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 $3,822.5 to $1,144.5, which means a 30 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 7 % more affordable than the average price of $1,184 in Mercersburg. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 7 % more affordable than the average aforementioned.
According to average price per property type in Mercersburg, "" priced at $1,184 is 7 % lower than the average price ($1,276) in this city.