The rent prices in real estate in Pittsville, in the Maryland 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 Pittsville has had a strong fall during the last 6 months. In October, the average price per sq.feet was $11. In November this price barely changed remaining at $11 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $11 to $11 per sq.feet. The price per sq.feet has had a considerable fall of 50 % 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 $11 to $5.5 during February, and March.
When referring to the price in Pittsville (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,576. In November This price remains at $1,576. In the following two months the average price has hardly changed with regard to the previous two months from $1,576 to $1,576. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 90 %, going from $1,576 to $1,426 in February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most expensive ones. At a price of $1,276 they are 16 % more expensive than the average price for Pittsville. Following this ranking we find those properties with 1 at an average price of $1,490. The properties with the highest average price have 1 bedroom, Their price is 17 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,480.
According to average price per property type in Pittsville, "" priced at $1,480 is 16 % more expensive than the average price ($1,276) in this city.