The rent prices in real estate in Plymouth, 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 Plymouth has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.94. In the following month the price per sq.feet rose to $2.09. The price for the following two months in (January, February) had a considerable fall of 72 with regard to the previous two months. The price per sq.feet has had a considerable fall of 84 % 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 $1.74 to $1.47 during March, and April.
When referring to the price in Plymouth (cities), there have hardly been any changes in the last 6 months. The average price for November is $1,553. During December the price had a slight fall till $1,455. During the following two months (January, February) the average price had a considerable fall of 82 % 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 137 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,790 they are 48 % more affordable than the average price for Plymouth . The properties with the lowest average price have 3 bedrooms, Their price is 1 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,536.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1 / sq.feet, with an average $1.36 / sq.feet price in Plymouth. The properties with the most expensive average prices have 4 bedrooms. They are 2253 % more expensive than the average followed by properties with 1 bedroom with a price at $1 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,790 it is 69 % more affordable than the average price in Plymouth. "Land" is seen as the second most affordable property type. The most affordable property is "House" followed by "Land". At a price of $915 it is 48 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Land" at an average price of $14 / sq.feet followed by "House" priced at $28 / sq.feet. "House" is the most expensive type of property with a $28 / sq.feet value followed by "Land" with an average price of $14 / sq.feet.