Property prices for rent in Prospect (Connecticut)
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 October, the average price per sq.feet was $1. In November this price barely changed remaining at $1 per sq.feet. The price for the following two months in (December, January) had a considerable rise of 165 %. The price per sq.feet has had a considerable rise of 136 % 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 $1.32 to $1.8 during February, and March.
When referring to the price in Prospect (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $2,280. In November This price remains at $2,269. In the following two months the average price has hardly changed with regard to the previous two months from $2,274.5 to $2,269. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 88 %, going from $2,271.75 to $2,006 in February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,883 they are 25 % more affordable than the average price for Prospect . The properties with the highest average price have 3 bedrooms, Their price is 60 % more expensive than the average. After that we have properties with 4 bedrooms priced at $2,855.
According to average price per property type in Prospect, "" priced at $2,955 is 57 % more expensive than the average price ($1,883) in this city.
