The rent prices in real estate in Prospect, 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 Prospect has had a strong fall during the last 6 months. In July, the average price per sq.feet was $101. In the following month the price per sq.feet fell considerably to $9. In the following two months the price per sq.feet has risen 109 %, going from $55 to $60 per sq.feet. The price per sq.feet has had a considerable rise of 134 % 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 $57.5 to $77 during November, and December.
When referring to the price in Prospect (cities), this has fallen considerably in the last 6 months. The average price for July is $1,824. During August the price had a considerable fall till $1,321. During the following two months (September, October) the average price had a considerable fall of 85 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,453.75 and $1,479 between November and December.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 19 % more affordable than the average price of $1,311 in Prospect. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 19 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 49 % more affordable than the average price of ($48 / sq.feet) in Prospect. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 49 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,623 it is 19 % more affordable than the average price in Prospect. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "". At a price of $1,359 it is 11 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $48 / sq.feet followed by "Condo" priced at $87 / sq.feet. "Condo" is the most affordable type of property with a $87 / sq.feet value followed by "House" with an average price of $48 / sq.feet.