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 December, the average price per sq.feet was $63. In January this price barely changed remaining at $66 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $64.5 to $65.5 per sq.feet. The price per sq.feet has had a considerable fall of 24 % 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 $65 to $15.89 during April, and May.
When referring to the price in Putnam (cities), this has risen considerably in the last 6 months. The rent price in December is $996, rising in January till $1,049. In the following two months the average price has hardly changed with regard to the previous two months from $1,022.5 to $1,044. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 130 % 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 25 % more affordable than the average price of $1,011 in Putnam. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 25 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 2147483647 % more expensive than the average price of ($47 / sq.feet) in Putnam. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 2147483647 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Commercial" as the most affordable one. At an cost of $1,353 it is 26 % 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 $1,011 it is 4 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Commercial" at an average price of $42 / sq.feet followed by "House" priced at $47 / sq.feet. "House" is the most expensive type of property with a $47 / sq.feet value followed by "Commercial" with an average price of $42 / sq.feet.