The rent prices in real estate in Suffield, 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 Suffield has risen strongly during the last 6 months. In April, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $5.87. The price for the following two months in (June, July) had a considerable fall of 52 with regard to the previous two months. The price per sq.feet has had a considerable fall of 62 % 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 $2.62 to $1.62 during August, and September.
When referring to the price in Suffield (cities), this has fallen considerably in the last 6 months. The average price for April is $4,058. During May the price had a considerable fall till $1,950. During the following two months (June, July) the average price had a considerable fall of 78 % 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 88 %, going from $2,678.25 to $2,367 in August and September.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $2,791 they are 47 % more affordable than the average price for Suffield . The properties with the highest average price have 4 bedrooms, Their price is 74 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,767.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.42 / sq.feet, with an average $1.88 / sq.feet price in Suffield. The properties with the most expensive average prices have 1 bedroom. They are 10 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.04 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,791 it is 35 % more affordable than the average price in Suffield. "House" is seen as the second most affordable property type. The most expensive property type is "Detached House" followed by "Apartment". At a price of $3,176 it is 19 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $1.66 / sq.feet followed by "Detached House" priced at $1.84 / sq.feet. "House" is the most expensive type of property with a $1.89 / sq.feet value followed by "Detached House" with an average price of $1.84 / sq.feet.