The rent prices in real estate in Putnam, 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 Putnam has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.24. In the following month the price per sq.feet rose to $1.39. In the following two months the price per sq.feet has risen 109 %, going from $1.32 to $1.43 per sq.feet. The price per sq.feet has risen 112 % 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 $1.37 to $1.53 during February, and March.
When referring to the price in Putnam (cities), there have hardly been any changes in the last 6 months. The rent price in October is $1,629, rising in November till $1,764. During the following two months (December, January) the average price fell 91 % with regard to the previous two months. 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 $1,617.75 to $1,452 in February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $1,418 they are 31 % more affordable than the average price for Putnam . The properties with the highest average price have 2 bedrooms, Their price is 48 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,229.
With regard to the average prices per sq.feet those properties with 3 bedrooms are 1629 % more expensive than the average price of ($23 / sq.feet) in Putnam. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 3 bedrooms. They are 1629 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $1,418 it is 31 % more affordable than the average price in Putnam. "House" is seen as the second most affordable property type. The most affordable property is "" followed by "House". At a price of $981 it is 12 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Condo" at an average price of $18 / sq.feet followed by "House" priced at $23 / sq.feet. "House" is the most expensive type of property with a $23 / sq.feet value followed by "Condo" with an average price of $18 / sq.feet.