The rent prices in real estate in Monaca, 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 Monaca has had a strong fall during the last 6 months. In July, the average price per sq.feet was $77. In the following month the price per sq.feet fell considerably to $1.4. The price for the following two months in (September, October) fell 89 % with regard to the previous two months. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $37.1 to $37 during November y December
When referring to the price in Monaca (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during July, is $1,183. During August the price went through a considerable rise reaching $1,983. During the following two months (September, October) the average price had a considerable fall of 37 % 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 $1,080.5 to $605, which means a 56 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 83 % more expensive than the average price of $1,155 in Monaca. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 83 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 62 % more expensive than the average price of ($63 / sq.feet) in Monaca. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 62 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Commercial Property" as the most expensive one. At an cost of $632 it is 35 % more expensive than the average price in Monaca. "House" is seen as the second most expensive property type. The most expensive property type is "House" followed by "Commercial Property". At a price of $851 it is 83 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Commercial Property" at an average price of $7 / sq.feet followed by "House" priced at $63 / sq.feet. "House" is the most expensive type of property with a $63 / sq.feet value followed by "Commercial Property" with an average price of $7 / sq.feet.