The rent prices in real estate in Summersville, in the West Virginia 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 Summersville has risen strongly during the last 6 months. In October, the average price per sq.feet was $0.54. In the following month the price per sq.feet rose considerably to $0.64. In the following two months the price per sq.feet has risen 111 %, going from $0.59 to $0.65 per sq.feet. The price per sq.feet has had a considerable rise of 124 % 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 $0.62 to $0.77 during February, and March.
When referring to the price in Summersville (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $476. During November the price went through a considerable rise reaching $591. During the following two months (December, January) the price has had an average rise from $533.5 to $600. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 119 % 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 $676 they are 30 % more affordable than the average price for Summersville . The properties with the highest average price have 4 bedrooms, Their price is 32 % more expensive than the average. After that we have properties with 3 bedrooms priced at $686.
According to average price per property type in Summersville, "" priced at $890 is 32 % more expensive than the average price ($676) in this city.