The rent prices in real estate in Redding, in the Connecticut region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Redding has risen during the last 6 months. In October, the average price per sq.feet was $192. In November this price barely changed remaining at $192 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $192 to $189.5 per sq.feet. The price per sq.feet has had a considerable rise of 117 % 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 $190.75 to $224 during February, and March.
When referring to the price in Redding (cities), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $3,315. In November This price remains at $3,315. During the following two months (December, January) the price has had an average rise from $3,315 to $3,575. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 216 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 245 % more expensive than the average price of $11,423 in Redding. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 245 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 29 % more expensive than the average price of ($247 / sq.feet) in Redding. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 29 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Apartment" as the most expensive one. At an cost of $3,311 it is 8 % more expensive than the average price in Redding. "House" is seen as the second most expensive property type. The most expensive property type is "House" followed by "Apartment". At a price of $3,587 it is 245 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $187 / sq.feet followed by "House" priced at $247 / sq.feet. "House" is the most expensive type of property with a $247 / sq.feet value followed by "Apartment" with an average price of $187 / sq.feet.