The rent prices in real estate in New Milford, 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 Milford has risen strongly during the last 6 months. In January, the average price per sq.feet was $2.37. In the following month the price per sq.feet rose to $2.58. The price for the following two months in (March, April) had a considerable rise of 722 %. The price per sq.feet has had a considerable rise of 164 % 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 $10.17 to $16.7 during May, and June.
When referring to the price in New Milford (cities), this has risen considerably in the last 6 months. The rent price in January is $1,619, rising in February till $1,759. During the following two months (March, April) the price has had an average rise from $1,689 to $1,832.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 215 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 65 % more affordable than the average price of $1,389 in New Milford. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 65 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 300 % more expensive than the average price of ($71 / sq.feet) in New Milford. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 300 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $3,950 it is 74 % more affordable than the average price in New Milford. "Land" is seen as the second most affordable property type. The most affordable property is "House" followed by "Apartment". At a price of $1,361 it is 65 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Apartment" at an average price of $57 / sq.feet followed by "House" priced at $71 / sq.feet. "Condo" is the most expensive type of property with a $78 / sq.feet value followed by "Land" with an average price of $73 / sq.feet.