The rent prices in real estate in Salisbury, in the Connecticut 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 Salisbury has had a strong fall during the last 6 months. In July, the average price per sq.feet was $452. In August this price barely changed remaining at $452 per sq.feet. The price for the following two months in (September, October) had a considerable fall of 9 with regard to the previous two months. The price per sq.feet has had a considerable fall of 17 % 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 $245.5 to $41 during November, and December.
When referring to the price in Salisbury (cities), this has fallen considerably in the last 6 months. In our first sample month during July, the average price is $6,805. In August This price remains at $6,805. During the following two months (September, October) the average price had a considerable fall of 44 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $4,911.5 to $2,918, which means a 59 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 137 % more expensive than the average price of $6,672 in Salisbury. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 137 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 907 % more expensive than the average price of ($433 / sq.feet) in Salisbury. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 907 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "House" as the most expensive one. At an cost of $2,818 it is 5 % more expensive than the average price in Salisbury. "Condo" is seen as the second most expensive property type. The most expensive property type is "Condo" followed by "House". At a price of $2,953 it is 136 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $19 / sq.feet followed by "Condo" priced at $431 / sq.feet. "Condo" is the most expensive type of property with a $431 / sq.feet value followed by "House" with an average price of $19 / sq.feet.