The rent prices in real estate in Old Saybrook, in the Connecticut region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Old Saybrook has risen during the last 6 months. In October, the average price per sq.feet was $2.63. In November this price barely changed remaining at $2.65 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.64 to $2.57 per sq.feet. The price per sq.feet has had a considerable rise of 117 % 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 $2.61 to $3.04 during February, and March.
When referring to the price in Old Saybrook (cities), this has risen in the last 6 months. In our first sample month during October, the average price is $3,510. In November This price remains at $3,362. During the following two months (December, January) the average price had a considerable rise of 117 % 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 111 % 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 $4,459 they are 48 % more affordable than the average price for Old Saybrook . The properties with the highest average price have 4 bedrooms, Their price is 255 % more expensive than the average. After that we have properties with 3 bedrooms priced at $6,716.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $2.63 / sq.feet, with an average $3.59 / sq.feet price in Old Saybrook. The properties with the most expensive average prices have 4 bedrooms. They are 164 % more expensive than the average followed by properties with 3 bedrooms with a price at $5.04 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $4,459 it is 58 % more affordable than the average price in Old Saybrook. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Land". At a price of $4,066 it is 7 % 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 / sq.feet followed by "Land" priced at $3.15 / sq.feet. "House" is the most expensive type of property with a $4.18 / sq.feet value followed by "Land" with an average price of $3.15 / sq.feet.