The rent prices in real estate in North Canton, in the Connecticut 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 North Canton has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.57. In December this price barely changed remaining at $1.56 per sq.feet. The price for the following two months in (January, February) had a considerable fall of 67 with regard to the previous two months. The price per sq.feet has had a considerable fall of 81 % 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 $1.31 to $1.05 during March, and April.
When referring to the price in North Canton (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,200. In December This price remains at $1,229. In the following two months the average price has hardly changed with regard to the previous two months from $1,214.5 to $1,215.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,215 and $1,245 between March and April.
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 $1,292 they are 36 % more affordable than the average price for North Canton . 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 $1,697.
With regard to the average prices per sq.feet those properties with 1 bedroom are 3 % more affordable than the average price of ($1 / sq.feet) in North Canton. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 3 % more affordable than the average value aforementioned.
According to average price per property type in North Canton, "" priced at $1,388 is 7 % more expensive than the average price ($1,292) in this city.