The rent prices in real estate in Montville, in the Connecticut region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Montville has fallen during the last 6 months. In November, the average price per sq.feet was $1.66. In the following month the price per sq.feet fell considerably to $1. In the following two months the price per sq.feet has risen 106 %, going from $1.33 to $1.41 per sq.feet. The price per sq.feet has had a considerable rise of 126 % 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 $1.37 to $1.73 during March, and April.
When referring to the price in Montville (cities), there have hardly been any changes in the last 6 months. The average price for November is $2,054. During December the price had a considerable fall till $1,581. During the following two months (January, February) the average price had a considerable rise of 125 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 90 %, going from $2,047.5 to $1,843 in March and April.
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 $1,644 they are 25 % more affordable than the average price for Montville . The properties with the lowest average price have 1 bedroom, Their price is 23 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,235.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1 / sq.feet, with an average $1.82 / sq.feet price in Montville. The properties with the most expensive average prices have 2 bedrooms. They are 1988 % more expensive than the average followed by properties with 1 bedroom with a price at $1 / sq.feet.
With regard to the average price based upon the property in Montville we can see that the most affordable property type is "House" at a price of $1,235, they are 25 % cheaper than the average price of (!PRECIO2!). "House" has the most affordable price. This price is 25 % 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 $38 / sq.feet. "House" at an average price of $38 / sq.feet has the highest price and would be directed at more affluent cities.