The rent prices in real estate in Salisbury, in the Connecticut 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 Salisbury has risen strongly during the last 6 months. In October, the average price per sq.feet was $2.19. In the following month the price per sq.feet rose to $2.34. The price for the following two months in (December, January) had a considerable rise of 120 %. The price per sq.feet has had a considerable rise of 151 % 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 $2.49 to $3.76 during February, and March.
When referring to the price in Salisbury (cities), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $5,147. In November This price remains at $5,056. During the following two months (December, January) the average price had a considerable rise of 124 % 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 had a strong increase of 170 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $10,646 they are 63 % more affordable than the average price for Salisbury . The properties with the highest average price have 4 bedrooms, Their price is 1 % more expensive than the average. After that we have properties with 3 bedrooms priced at $7,832.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $2.36 / sq.feet, with an average $3.85 / sq.feet price in Salisbury. The properties with the most expensive average prices have 4 bedrooms. They are 4 % more expensive than the average followed by properties with 2 bedrooms with a price at $3 / sq.feet.
The graph displaying the average rent prices displays the property type "Detached House" as the most affordable one. At an cost of $10,646 it is 20 % more affordable than the average price in Salisbury. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Detached House". At a price of $8,482 it is 20 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "Detached House" at an average price of $2 / sq.feet followed by "House" priced at $3 / sq.feet. "House" is the most affordable type of property with a $3 / sq.feet value followed by "Detached House" with an average price of $2 / sq.feet.