The rent prices in real estate in Vernon Rockville, 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 Vernon Rockville has had a strong fall during the last 6 months. In May, the average price per sq.feet was $9.63. In the following month the price per sq.feet fell considerably to $6.1. The price for the following two months in (July, August) fell 86 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 15 % 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 $7.32 to $1.11 during September, and October.
When referring to the price in Vernon Rockville (cities), this has risen considerably in the last 6 months. The average price during our first sample month during May, is $1,025. During June the price went through a considerable rise reaching $1,250. In the following two months the average price has hardly changed with regard to the previous two months from $1,137.5 to $1,137.5. Based on an analysis of the first four prices and the last two months the average price has increased 110 % during the last two months.
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 $1,272 they are 17 % more affordable than the average price for Vernon Rockville . The properties with the highest average price have 3 bedrooms, Their price is 11 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,334.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.18 / sq.feet, with an average $1.19 / sq.feet price in Vernon Rockville. The properties with the most expensive average prices have 4 bedrooms. They are 6034 % more expensive than the average followed by properties with 3 bedrooms with a price at $14.59 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $1,272 it is 12 % more affordable than the average price in Vernon Rockville. "House" is seen as the second most affordable property type. The most affordable property is "" followed by "House". At a price of $1,129 it is 10 % 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 $25 / sq.feet followed by "House" priced at $30 / sq.feet. "House" is the most expensive type of property with a $30 / sq.feet value followed by "Condo" with an average price of $25 / sq.feet.