The rent prices in real estate in Middlebury, in the Vermont 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 Middlebury has risen strongly during the last 6 months. In February, the average price per sq.feet was $2. In the following month the price per sq.feet rose considerably to $28. The price for the following two months in (April, May) fell 93 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 52 % 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 $14.5 to $7.5 during June, and July.
When referring to the price in Middlebury (cities), there have hardly been any changes in the last 6 months. In our first sample month during February, the average price is $1,033. In March This price remains at $1,036. In the following two months the average price has hardly changed with regard to the previous two months from $1,034.5 to $1,034.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,034.5 and $998 between June and July.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $992 they are 2 % more affordable than the average price for Middlebury . The properties with the highest average price have 1 bedroom, Their price is 2 % more expensive than the average. After that we have properties with 2 bedrooms priced at $977.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $992 it is 2 % more affordable than the average price in Middlebury. "Commercial" is seen as the second most affordable property type. The most expensive property type is "Commercial" followed by "". At a price of $977 it is 21 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "Commercial with an average cost of $6 / sq.feet. "Commercial" at an average price of $6 / sq.feet has the highest price and would be directed at more affluent cities.