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 October, the average price per sq.feet was $1.65. In November this price barely changed remaining at $1.66 per sq.feet. The price for the following two months in (December, January) had a considerable fall of 60 with regard to the previous two months. The price per sq.feet has had a considerable rise of 130 % 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 $1.33 to $1.73 during February, and March.
When referring to the price in Montville (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $2,128. In November This price remains at $2,054. During the following two months (December, January) the average price fell 86 % 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 had a strong increase of 118 % during the last two months.
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 $2,042 they are 39 % more affordable than the average price for Montville . The properties with the lowest average price have 1 bedroom, Their price is 38 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,237.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most expensive ones at a cost of $1.74 / sq.feet, with an average $1.64 / sq.feet price in Montville. The properties with the most expensive average prices have 2 bedrooms. They are 2278 % more expensive than the average followed by properties with 1 bedroom with a price at $1.74 / 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 $1,237, they are 39 % cheaper than the average price of (!PRECIO2!). "House" has the most affordable price. This price is 39 % 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 $39 / sq.feet. "House" at an average price of $39 / sq.feet has the highest price and would be directed at more affluent cities.