The rent prices in real estate in Smithfield, in the Virginia 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 Smithfield has risen strongly during the last 6 months. In April, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $1. The price for the following two months in (June, July) had a considerable rise of 176 %. The price per sq.feet has had a considerable rise of 139 % 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 $0.69 to $0.96 during August, and September.
When referring to the price in Smithfield (cities), this has fallen considerably in the last 6 months. The average price for April is $2,195. During May the price had a considerable fall till $1,773. During the following two months (June, July) the average price had a considerable fall of 68 % 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 $1,663.25 to $1,384.5, which means a 83 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 14 % more expensive than the average price of $1,654 in Smithfield. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 14 % more expensive than the average aforementioned.
According to average price per property type in Smithfield, "" priced at $1,654 is 14 % more expensive than the average price ($1,452) in this city.