The rent prices in real estate in Toano, 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 Toano has had a strong fall during the last 6 months. In March, the average price per sq.feet was $0.94. In the following month the price per sq.feet fell to $0.8. The price for the following two months in (May, June) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 $0.44 to during July, and August.
When referring to the price in Toano (cities), there have hardly been any changes in the last 6 months. In our first sample month during March, the average price is $1,717. In April This price remains at $1,687. In the following two months the average price has hardly changed with regard to the previous two months from $1,702 to $1,768.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 91 %, going from $1,735.25 to $1,573 in July and August.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most expensive ones. At a price of $1,665 they are 10 % more expensive than the average price for Toano. Following this ranking we find those properties with 1 at an average price of $1,844. The properties with the highest average price have 1 bedroom, Their price is 11 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,831.
According to average price per property type in Toano, "" priced at $1,831 is 10 % more expensive than the average price ($1,665) in this city.