The rent prices in real estate in Southbury, 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 Southbury has had a strong fall during the last 6 months. In June, the average price per sq.feet was $77.9. In the following month the price per sq.feet fell considerably to $27.55. The price for the following two months in (August, September) had a considerable fall of 3 with regard to the previous two months. The price per sq.feet has had a considerable rise of 220 % 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 $27.22 to $59.94 during October, and November.
When referring to the price in Southbury (cities), this has risen in the last 6 months. The average price during our first sample month during June, is $2,142. During July the price went through a considerable rise reaching $3,017. During the following two months (August, September) the average price fell 91 % 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 92 %, going from $2,462.5 to $2,265 in October and November.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 0 % more affordable than the average price of $1,955 in Southbury. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 0 % more affordable than the average price of ($118 / sq.feet) in Southbury. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 0 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,955 it is 0 % more affordable than the average price in Southbury. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Townhouse". At a price of $2,016 it is 4 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $108 / sq.feet followed by "Condo" priced at $113 / sq.feet. "House" is the most affordable type of property with a $117 / sq.feet value followed by "Condo" with an average price of $113 / sq.feet.