The rent prices in real estate in Putnam, 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 Putnam has had a strong fall during the last 6 months. In July, the average price per sq.feet was $67. In August this price barely changed remaining at $67 per sq.feet. The price for the following two months in (September, October) had a considerable fall of 49 with regard to the previous two months. The price per sq.feet has had a considerable fall of 63 % 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 $50 to $31.5 during November, and December.
When referring to the price in Putnam (cities), this has risen in the last 6 months. In our first sample month during July, the average price is $1,051. In August This price remains at $1,051. During the following two months (September, October) the price has had an average rise from $1,051 to $1,198. 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 $1,124.5 and $1,175.5 between November and December.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 3 % more expensive than the average price of $1,021 in Putnam. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 3 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 17 % more affordable than the average price of ($52 / sq.feet) in Putnam. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 17 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Commercial" as the most expensive one. At an cost of $996 it is 2 % more expensive than the average price in Putnam. "House" is seen as the second most expensive property type. The most expensive property type is "" followed by "House". At a price of $1,021 it is 32 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Commercial" at an average price of $47 / sq.feet followed by "House" priced at $52 / sq.feet. "House" is the most affordable type of property with a $52 / sq.feet value followed by "Commercial" with an average price of $47 / sq.feet.