The rent prices in real estate in Prospect, in the Connecticut 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 Prospect has risen strongly during the last 6 months. In February, the average price per sq.feet was $1.21. In the following month the price per sq.feet rose considerably to $1.93. The price for the following two months in (April, May) had a considerable rise of 3631 %. The price per sq.feet has had a considerable fall of 6 % 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 $29.28 to $1.68 during June, and July.
When referring to the price in Prospect (cities), this has fallen considerably in the last 6 months. The average price for February is $2,583. During March the price had a considerable fall till $1,850. During the following two months (April, May) the average price had a considerable fall of 60 % 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 increased 109 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 28 % more affordable than the average price of $1,273 in Prospect. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 28 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 1129 % more expensive than the average price of ($29 / sq.feet) in Prospect. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 1129 % more expensive 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 $1,775 it is 28 % more affordable than the average price in Prospect. "" is seen as the second most affordable property type. The most affordable property is "Condo" followed by "". At a price of $1,321 it is 1 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $29 / sq.feet followed by "Condo" priced at $68 / sq.feet. "Condo" is the most expensive type of property with a $68 / sq.feet value followed by "House" with an average price of $29 / sq.feet.