The rent prices in real estate in Southington, in the Connecticut 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 Southington has risen strongly during the last 6 months. In August, the average price per sq.feet was $1.15. In the following month the price per sq.feet rose considerably to $1.39. The price for the following two months in (October, November) had a considerable rise of 129 %. The price per sq.feet has had a considerable rise of 232 % 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 $1.45 to $3.38 during December, and January.
When referring to the price in Southington (cities), this has risen in the last 6 months. The average price during our first sample month during August, is $1,884. During September the price went through a considerable rise reaching $2,220. During the following two months (October, November) the average price had a considerable rise of 118 % 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 $2,237 to $1,773.5, which means a 79 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 29 % more affordable than the average price of $1,142 in Southington. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 29 % more affordable than the average aforementioned.
The graph displaying the average rent prices displays the property type "Commercial" as the most affordable one. At an cost of $1,619 it is 34 % more affordable than the average price in Southington. "" is seen as the second most affordable property type. The most affordable property is "House" followed by "". At a price of $1,090 it is 21 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $2 / sq.feet followed by "Commercial" priced at $9 / sq.feet. "Commercial" is the most expensive type of property with a $9 / sq.feet value followed by "House" with an average price of $2 / sq.feet.