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 January, 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 (March, April) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable rise of 400 % 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 $0.25 to $1 during May, and June.
When referring to the price in Smithfield (cities), this has risen considerably in the last 6 months. The average price during our first sample month during January, is $1,528. During February the price went through a considerable rise reaching $1,823. During the following two months (March, April) the average price had a considerable rise of 127 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from $1,898.25 to $1,685.5 in May and June.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 4 % more expensive than the average price of $1,660 in Smithfield. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 4 % more expensive than the average aforementioned.
According to average price per property type in Smithfield, "" priced at $1,660 is 4 % more expensive than the average price ($1,598) in this city.