The rent prices in real estate in South Park, in the Pennsylvania 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 South Park has had a strong fall during the last 6 months. In October, the average price per sq.feet was $2. In the following month the price per sq.feet fell considerably to $1.67. The price for the following two months in (December, January) fell 90 % with regard to the previous two months. The price per sq.feet has fallen 94 % 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 $1.75 to $1.64 during February, and March.
When referring to the price in South Park (cities), this has fallen considerably in the last 6 months. The average price for October is $2,943. During November the price had a considerable fall till $1,752. During the following two months (December, January) the average price had a considerable fall of 72 % 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 $2,022.5 to $1,599.5, which means a 79 % 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 $1,580 they are 47 % more affordable than the average price for South Park . The properties with the highest average price have 3 bedrooms, Their price is 36 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,614.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.55 / sq.feet, with an average $1.62 / 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 3 bedrooms with a price at $1.56 / sq.feet.
According to average price per property type in South Park, "" priced at $838 is 47 % lower than the average price ($1,580) in this city.