Property prices for rent in Red Hill (Pennsylvania)
The rent prices in real estate in Red Hill, in the Pennsylvania 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 Red Hill has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.12. In November this price barely changed remaining at $1.12 per sq.feet. The price for the following two months in (December, January) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable rise of 225 % 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 $0.56 to $1.26 during February, and March.
When referring to the price in Red Hill (cities), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $1,010. In November This price remains at $1,040. During the following two months (December, January) the average price had a considerable rise of 140 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 140 % during the last two months.
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 $1,838 they are 44 % more affordable than the average price for Red Hill . The properties with the lowest average price have 2 bedrooms, Their price is 30 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,032.
According to average price per property type in Red Hill, "" priced at $1,278 is 30 % lower than the average price ($1,838) in this city.
