The rent prices in real estate in New Haven, in the Connecticut region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in New Haven has risen strongly during the last 6 months. In October, the average price per sq.feet was $2.23. In the following month the price per sq.feet rose to $2.35. The price for the following two months in (December, January) had a considerable rise of 156 %. The price per sq.feet has had a considerable fall of 78 % 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 $2.93 to $2.3 during February, and March.
When referring to the price in New Haven (cities), there have hardly been any changes in the last 6 months. The rent price in October is $1,621, rising in November till $1,752. During the following two months (December, January) the average price fell 94 % 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 increased 105 % 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 $1,755 they are 9 % more affordable than the average price for New Haven . The properties with the highest average price have 4 bedrooms, Their price is 76 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,197.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.15 / sq.feet, with an average $2.31 / sq.feet price in New Haven. The properties with the most expensive average prices have 4 bedrooms. They are 683 % more expensive than the average followed by properties with 2 bedrooms with a price at $3.98 / sq.feet.
The graph displaying the average rent prices displays the property type "Detached House" as the most affordable one. At an cost of $1,755 it is 19 % more affordable than the average price in New Haven. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $1,759 it is 91 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $2.01 / sq.feet followed by "House" priced at $2.35 / sq.feet. "Detached House" is the most expensive type of property with a $44 / sq.feet value followed by "House" with an average price of $2.35 / sq.feet.