The rent prices in real estate in Ridgeley, in the West Virginia 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 Ridgeley has had a strong fall during the last 6 months. In October, the average price per sq.feet was $0.81. In November this price barely changed remaining at $0.81 per sq.feet. In the following two months the price per sq.feet has risen 106 %, going from $0.81 to $0.86 per sq.feet. The price per sq.feet has had a considerable fall of 49 % 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 $0.84 to $0.41 during February, and March.
When referring to the price in Ridgeley (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $749. In November This price remains at $749. During the following two months (December, January) the price has had an average rise from $749 to $805.5. During the last two months the average price has fallen greatly compared to the previous four going from $777.25 to $626, which means a 81 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 2 % more affordable than the average price of $492 in Ridgeley. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 2 % more affordable than the average aforementioned.
According to average price per property type in Ridgeley, "" priced at $492 is 2 % lower than the average price ($503) in this city.