The rent prices in real estate in Pennington, in the New Jersey 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 Pennington has risen strongly during the last 6 months. In May, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to . The price for the following two months in (July, August) had a considerable rise of 2147483647 %. The price per sq.feet has had a considerable rise of 21818 % 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 $0.41 to $90 during September, and October.
When referring to the price in Pennington (cities), this has risen considerably in the last 6 months. The average price during our first sample month during May, is . During June the price went through a considerable rise reaching . During the following two months (July, August) the average price had a considerable rise of 2147483647 % 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 had a strong increase of 440 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $2,531 they are 0 % more affordable than the average price for Pennington . The properties with the lowest average price have 1 bedroom, Their price is 0 % more affordable than the average. After that we have properties with 2 bedrooms priced at $2,522.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $87 / sq.feet, with an average $90 / sq.feet price in Pennington. The properties with the most affordable average prices have 1 bedroom. They are 2 % more affordable than the average followed by properties with 2 bedrooms with a price at $87 / sq.feet.
With regard to the average price based upon the property in Pennington we can see that the most affordable property type is "House" at a price of $2,522, they are 0 % cheaper than the average price of (!PRECIO2!). "House" has the most affordable price. This price is 0 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $87 / sq.feet. "House" with an average price of $87 / sq.feet has the most affordable price and would be directed at less affluent cities.