The rent prices in real estate in South Park, in the Pennsylvania 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 South Park has risen strongly during the last 6 months. In September, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $2. In the following two months the price per sq.feet has risen 109 %, going from $1.5 to $1.63 per sq.feet. The price per sq.feet has risen 108 % 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 $1.57 to $1.69 during January, and February.
When referring to the price in South Park (cities), this has risen considerably in the last 6 months. The average price during our first sample month during September, is $1,484. During October the price went through a considerable rise reaching $2,943. During the following two months (November, December) the average price had a considerable fall of 78 % 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 $1,970.25 to $1,656, which means a 84 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,619 they are 48 % more affordable than the average price for South Park . The properties with the highest average price have 3 bedrooms, Their price is 35 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,657.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.59 / sq.feet, with an average $1.67 / sq.feet price in South Park. The properties with the most expensive average prices have 1 bedroom. They are 14 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.6 / sq.feet.
According to average price per property type in South Park, "" priced at $839 is 48 % lower than the average price ($1,619) in this city.