Property prices for rent in Newtown (Pennsylvania)
The rent prices in real estate in Newtown, in the Pennsylvania 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 Newtown has barely changed in the last 6 months. In October, the average price per sq.feet was $2.08. In November this price barely changed remaining at $2.15 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.12 to $2.21 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $2.16 to $2.17 during February y March
When referring to the price in Newtown (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $3,370. In November This price remains at $3,325. In the following two months the average price has hardly changed with regard to the previous two months from $3,347.5 to $3,188.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 87 %, going from $3,268 to $2,828 in February and March.
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 $2,675 they are 8 % more affordable than the average price for Newtown . The properties with the highest average price have 4 bedrooms, Their price is 40 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,171.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $2.17 / sq.feet price in Newtown. The properties with the most expensive average prices have 1 bedroom. They are 26 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.12 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,675 it is 27 % more affordable than the average price in Newtown. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $2,522 it is 20 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $2 / sq.feet. "House" with an average price of $2 / sq.feet has the most affordable price and would be directed at less affluent cities.
