The rent prices in real estate in Roswell, in the Georgia 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 Roswell has had a strong fall during the last 6 months. In July, the average price per sq.feet was $6.42. In the following month the price per sq.feet fell considerably to $2.61. The price for the following two months in (September, October) had a considerable fall of 32 with regard to the previous two months. 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 $2.97 to $1.45 during November, and December.
When referring to the price in Roswell (cities), this has fallen in the last 6 months. The average price for July is $2,027. During August the price had a considerable fall till $1,678. In the following two months the average price has hardly changed with regard to the previous two months from $1,852.5 to $1,896.5. 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 $1,874.5 to $1,758.5 in November and December.
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 $1,772 they are 30 % more affordable than the average price for Roswell . The properties with the highest average price have 4 bedrooms, Their price is 40 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,988.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.99 / sq.feet, with an average $1.46 / sq.feet price in Roswell. The properties with the most expensive average prices have 1 bedroom. They are 8 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.35 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,772 it is 25 % more affordable than the average price in Roswell. "Land" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Townhouse". At a price of $1,952 it is 14 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $1 / sq.feet followed by "Condo" priced at $1.12 / sq.feet. "Land" is the most expensive type of property with a $4 / sq.feet value followed by "House" with an average price of $1.33 / sq.feet.