Property prices for rent in Springfield (Vermont)
The rent prices in real estate in Springfield, in the Vermont 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 Springfield has had a strong fall during the last 6 months. In November, the average price per sq.feet was $3.15. In the following month the price per sq.feet fell considerably to $2.64. The price for the following two months in (January, February) had a considerable fall of 69 with regard to the previous two months. The price per sq.feet has had a considerable rise of 115 % 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 $2.45 to $2.82 during March, and April.
When referring to the price in Springfield (cities), this has risen considerably in the last 6 months. The average price during our first sample month during November, is $1,023. During December the price went through a considerable rise reaching $1,643. During the following two months (January, February) the average price had a considerable rise of 145 % 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 $1,633.25 to $1,502.5 in March and April.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,550 they are 47 % more affordable than the average price for Springfield . The properties with the lowest average price have 1 bedroom, Their price is 11 % more affordable than the average. After that we have properties with 2 bedrooms priced at $819.
With regard to the average prices per sq.feet those properties with 1 bedroom are 35 % more affordable than the average price of ($2 / sq.feet) in Springfield. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 35 % more affordable than the average value aforementioned.
According to average price per property type in Springfield, "" priced at $819 is 47 % lower than the average price ($1,550) in this city.
