The rent prices in real estate in Stafford, 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 Stafford has had a strong fall during the last 6 months. In April, the average price per sq.feet was $71. In the following month the price per sq.feet fell considerably to $1. The price for the following two months in (June, July) had a considerable fall of 1 with regard to the previous two months. The price per sq.feet has had a considerable fall of 6 % 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 $18.25 to $1.12 during August, and September.
When referring to the price in Stafford (cities), this has risen considerably in the last 6 months. The average price during our first sample month during April, is $1,182. During May the price went through a considerable rise reaching $1,654. During the following two months (June, July) the average price fell 95 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 116 % during the last two months.
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 $1,433 they are 21 % more affordable than the average price for Stafford . The properties with the highest average price have 1 bedroom, Their price is 17 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,126.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 3396 % more expensive than the average price of ($43 / sq.feet) in Stafford. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 3396 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $1,433 it is 22 % more affordable than the average price in Stafford. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Condo". At a price of $1,118 it is 21 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Condo" at an average price of $39 / sq.feet followed by "House" priced at $43 / sq.feet. "House" is the most expensive type of property with a $43 / sq.feet value followed by "Condo" with an average price of $39 / sq.feet.