Property prices for rent in New Canaan (Connecticut)
The rent prices in real estate in New Canaan, in the Connecticut region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in New Canaan has barely changed in the last 6 months. In November, the average price per sq.feet was $3.29. In the following month the price per sq.feet fell to $3.06. The price for the following two months in (January, February) fell 93 % with regard to the previous two months. The price per sq.feet has had a considerable rise of 115 % 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 $3.07 to $3.54 during March, and April.
When referring to the price in New Canaan (cities), this has risen in the last 6 months. The average price for November is $7,936. During December the price had a slight fall till $7,380. During the following two months (January, February) the price has had an average rise from $7,658 to $8,717.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 124 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $9,394 they are 63 % more affordable than the average price for New Canaan . The properties with the highest average price have 4 bedrooms, Their price is 10 % more expensive than the average. After that we have properties with 3 bedrooms priced at $7,057.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $3.22 / sq.feet, with an average $3.5 / sq.feet price in New Canaan. The properties with the most expensive average prices have 1 bedroom. They are 7 % more expensive than the average followed by properties with 2 bedrooms with a price at $3.65 / sq.feet.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $9,394 it is 68 % more affordable than the average price in New Canaan. "Condo" is seen as the second most affordable property type. The most expensive property type is "Detached House" followed by "House". At a price of $12,003 it is 136 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Detached House" at an average price of $2 / sq.feet followed by "Condo" priced at $3.4 / sq.feet. "Land" is the most expensive type of property with a $12 / sq.feet value followed by "Apartment" with an average price of $3.73 / sq.feet.
