The rent prices in real estate in Tappahannock, in the Virginia 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 Tappahannock has had a strong fall during the last 6 months. In October, the average price per sq.feet was $2.46. In the following month the price per sq.feet rose considerably to $2.86. In the following two months the price per sq.feet has risen 114 %, going from $2.66 to $3.03 per sq.feet. The price per sq.feet has had a considerable fall of 26 % 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 $2.84 to $0.73 during February, and March.
When referring to the price in Tappahannock (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during October, is $12,363. During November the price went through a considerable rise reaching $15,883. During the following two months (December, January) the average price had a considerable rise of 147 % 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 $17,467 to $1,553, which means a 9 % fall.
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 $1,546 they are 67 % more affordable than the average price for Tappahannock . The properties with the lowest average price have 1 bedroom, Their price is 67 % more affordable than the average. After that we have properties with 2 bedrooms priced at $512.
According to average price per property type in Tappahannock, "" priced at $512 is 67 % lower than the average price ($1,546) in this city.