The rent prices in real estate in Ridgefield, in the Connecticut region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Ridgefield has fallen during the last 6 months. In November, the average price per sq.feet was $2.99. In the following month the price per sq.feet rose to $3.33. The price for the following two months in (January, February) had a considerable fall of 83 with regard to the previous two months. The price per sq.feet has fallen 92 % 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 $2.9 to $2.66 during March, and April.
When referring to the price in Ridgefield (cities), there have hardly been any changes in the last 6 months. The rent price in November is $3,732, rising in December till $3,967. During the following two months (January, February) the average price fell 92 % 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 increased 112 % 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 $4,692 they are 48 % more affordable than the average price for Ridgefield . The properties with the highest average price have 4 bedrooms, Their price is 28 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,915.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $2.52 / sq.feet price in Ridgefield. The properties with the most expensive average prices have 2 bedrooms. They are 6 % more expensive than the average followed by properties with 1 bedroom with a price at $2.27 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $4,692 it is 53 % more affordable than the average price in Ridgefield. "Commercial" is seen as the second most affordable property type. The most affordable property is "House" followed by "Condo". At a price of $2,716 it is 11 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $2 / sq.feet followed by "Commercial" priced at $109 / sq.feet. "Commercial" is the most expensive type of property with a $109 / sq.feet value followed by "House" with an average price of $2 / sq.feet.