Property prices for rent in Piney Point (Maryland)
The rent prices in real estate in Piney Point, in the Maryland 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 Piney Point has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.36. In November this price barely changed remaining at $1.42 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.39 to $1.36 per sq.feet. The price per sq.feet has had a considerable rise of 234 % 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 $1.37 to $3.2 during February, and March.
When referring to the price in Piney Point (cities), this has fallen considerably in the last 6 months. The average price for October is $4,106. During November the price had a slight fall till $3,794. During the following two months (December, January) the average price had a considerable fall of 67 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $3,307 to $1,463, which means a 44 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $1,000 they are 25 % more expensive than the average price for Piney Point. Following this ranking we find those properties with 2 at an average price of $1,582. The properties with the highest average price have 2 bedrooms, Their price is 58 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,248.
With regard to the average prices per sq.feet those properties with 1 bedroom are 54 % more affordable than the average price of ($2 / sq.feet) in Piney Point. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 54 % more affordable than the average value aforementioned.
According to average price per property type in Piney Point, "" priced at $1,582 is 58 % more expensive than the average price ($1,000) in this city.
