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 January, the average price per sq.feet was $68. In February this price barely changed remaining at $68 per sq.feet. The price for the following two months in (March, April) 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 $50.75 to $32 during May, and June.
When referring to the price in Putnam (cities), this has risen in the last 6 months. In our first sample month during January, the average price is $1,053. In February This price remains at $1,053. During the following two months (March, April) the price has had an average rise from $1,053 to $1,200. 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 $1,126.5 and $1,177 between May and June.
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 $1,023 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 ($53 / 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 "House" as the most expensive one. At an cost of $997 it is 3 % more expensive than the average price in Putnam. "" is seen as the second most expensive property type. The most expensive property type is "" followed by "House". At a price of $1,023 it is 33 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $53 / sq.feet. "House" with an average price of $53 / sq.feet has the most affordable price and would be directed at less affluent cities.