The rent prices in real estate in Myerstown, 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 Myerstown has had a strong fall during the last 6 months. In March, the average price per sq.feet was $0.87. In April this price barely changed remaining at $0.87 per sq.feet. The price for the following two months in (May, June) had a considerable fall of 51 with regard to the previous two months. The price per sq.feet has had a considerable rise of 135 % 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 $0.65 to $0.88 during July, and August.
When referring to the price in Myerstown (cities), this has risen in the last 6 months. In our first sample month during March, the average price is $1,018. In April This price remains at $995. During the following two months (May, June) the price has had an average rise from $1,006.5 to $1,154. Based on an analysis of the first four prices and the last two months the average price has increased 109 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,189 they are 10 % more affordable than the average price for Myerstown . The properties with the lowest average price have 1 bedroom, Their price is 9 % more affordable than the average. After that we have properties with 4 bedrooms priced at $1,072.
With regard to the average prices per sq.feet those properties with 1 bedroom are 481 % more expensive than the average price of ($5 / sq.feet) in Myerstown. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 481 % more expensive than the average value aforementioned.
According to average price per property type in Myerstown, "" priced at $1,072 is 10 % lower than the average price ($1,189) in this city.