Property prices for rent in Merion Station (Pennsylvania)
The rent prices in real estate in Merion Station, in the Pennsylvania 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 Merion Station has had a strong fall during the last 6 months. In October, the average price per sq.feet was $2.01. In November this price barely changed remaining at $1.95 per sq.feet. The price for the following two months in (December, January) had a considerable fall of 48 with regard to the previous two months. The price per sq.feet has had a considerable rise of 145 % 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 $1.47 to $2.12 during February, and March.
When referring to the price in Merion Station (cities), this has fallen considerably in the last 6 months. The average price for October is $7,167. During November the price had a considerable fall till $5,650. During the following two months (December, January) the average price had a considerable fall of 74 % 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 increased 106 % 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 $6,074 they are 80 % more affordable than the average price for Merion Station . The properties with the lowest average price have 3 bedrooms, Their price is 55 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,507.
With regard to the average prices per sq.feet those properties with 3 bedrooms are 4339 % more expensive than the average price of ($91 / sq.feet) in Merion Station. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 3 bedrooms. They are 4339 % more expensive than the average value aforementioned.
With regard to the average price based upon the property in Merion Station we can see that the most affordable property type is "House" at a price of $2,734, they are 55 % cheaper than the average price of (!PRECIO2!). "House" has the most affordable price. This price is 55 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $91 / sq.feet. "House" at an average price of $91 / sq.feet has the highest price and would be directed at more affluent cities.
