The rent prices in real estate in Queenstown, in the Maryland 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 Queenstown has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.45. In the following month the price per sq.feet rose to $1.56. In the following two months the price per sq.feet has risen 111 %, going from $1.5 to $1.67 per sq.feet. The price per sq.feet has had a considerable fall of 36 % 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 $1.59 to $0.57 during February, and March.
When referring to the price in Queenstown (cities), there have hardly been any changes in the last 6 months. The average price for October is $2,200. During November the price had a slight fall till $2,020. During the following two months (December, January) the average price had a considerable rise of 122 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $2,341.5 to $1,671, which means a 71 % fall.
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 $1,148 they are 29 % more affordable than the average price for Queenstown . The properties with the highest average price have 3 bedrooms, Their price is 77 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,427.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.95 / sq.feet, with an average $1.15 / sq.feet price in Queenstown. The properties with the most expensive average prices have 1 bedroom. They are 18 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.15 / sq.feet.
According to average price per property type in Queenstown, "" priced at $1,427 is 24 % more expensive than the average price ($1,148) in this city.