The rent prices in real estate in New Market, in the Maryland 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 New Market has had a strong fall during the last 6 months. In February, the average price per sq.feet was $50. In the following month the price per sq.feet fell considerably to . The price for the following two months in (April, May) had a considerable fall of 36 with regard to the previous two months. The price per sq.feet has had a considerable fall of 79 % 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 $17 to $13.5 during June, and July.
When referring to the price in New Market (cities), this has risen in the last 6 months. The average price during our first sample month during February, is $1,858. During March the price went through a considerable rise reaching $2,167. During the following two months (April, May) the price has had an average rise from $2,012.5 to $2,219. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $2,115.75 to $1,992.5 in June and July.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 10 % more expensive than the average price of $2,180 in New Market. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 10 % more expensive than the average aforementioned.
The graph displaying the average rent prices displays the property type "" as the most expensive one. At an cost of $1,989 it is 10 % more expensive than the average price in New Market. "Commercial Property" is seen as the second most expensive property type. The most expensive property type is "Commercial Property" followed by "". At a price of $2,180 it is 13 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "Commercial Property with an average cost of $13 / sq.feet. "Commercial Property" with an average price of $13 / sq.feet has the most affordable price and would be directed at less affluent cities.