The rent prices in real estate in Sandy Hook, 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 Sandy Hook has had a strong fall during the last 6 months. In January, the average price per sq.feet was $2.34. In the following month the price per sq.feet fell to $2.11. The price for the following two months in (March, April) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable fall of 72 % 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 $1.11 to $0.81 during May, and June.
When referring to the price in Sandy Hook (cities), this has fallen considerably in the last 6 months. The average price for January is $2,667. During February the price had a considerable fall till $1,975. During the following two months (March, April) the average price had a considerable fall of 82 % 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 $2,114.75 to $1,738.5, which means a 82 % fall.
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 $1,800 they are 14 % more affordable than the average price for Sandy Hook . The properties with the highest average price have 3 bedrooms, Their price is 15 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,004.
With regard to the average prices per sq.feet those properties with 3 bedrooms are 7167 % more expensive than the average price of ($117 / sq.feet) in Sandy Hook. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 3 bedrooms. They are 7167 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,800 it is 16 % more affordable than the average price in Sandy Hook. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $2,057 it is 15 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Condo" at an average price of $113 / sq.feet followed by "House" priced at $117 / sq.feet. "House" is the most expensive type of property with a $117 / sq.feet value followed by "Condo" with an average price of $113 / sq.feet.