The rent prices in real estate in Reston, in the Virginia region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Reston has risen strongly during the last 6 months. In August, the average price per sq.feet was $2.93. In the following month the price per sq.feet fell considerably to $2.41. The price for the following two months in (October, November) had a considerable rise of 241 %. The price per sq.feet has had a considerable rise of 223 % 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 $4.55 to $10.14 during December, and January.
When referring to the price in Reston (cities), this has fallen in the last 6 months. The average price for August is $2,539. During September the price had a slight fall till $2,265. In the following two months the average price has hardly changed with regard to the previous two months from $2,402 to $2,320.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $2,361.25 to $2,219.5 in December and January.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most expensive ones. At a price of $2,151 they are 12 % more expensive than the average price for Reston. Following this ranking we find those properties with 1 at an average price of $2,504. The properties with the highest average price have 3 bedrooms, Their price is 48 % more expensive than the average. After that we have properties with 2 bedrooms priced at $3,130.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.32 / sq.feet, with an average $2.23 / sq.feet price in Reston. The properties with the most expensive average prices have 2 bedrooms. They are 2476 % more expensive than the average followed by properties with 1 bedroom with a price at $52.82 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most expensive one. At an cost of $2,151 it is 8 % more expensive than the average price in Reston. "Condo" is seen as the second most expensive property type. The most expensive property type is "House" followed by "Townhouse". At a price of $2,467 it is 39 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Condo" at an average price of $2.35 / sq.feet followed by "House" priced at $46.26 / sq.feet. "Townhouse" is the most expensive type of property with a $63.26 / sq.feet value followed by "House" with an average price of $46.26 / sq.feet.