The rent prices in real estate in Verona, in the New Jersey 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 Verona has risen strongly during the last 6 months. In July, the average price per sq.feet was $2.2. In the following month the price per sq.feet rose considerably to $99.41. The price for the following two months in (September, October) had a considerable fall of 39 with regard to the previous two months. The price per sq.feet has had a considerable rise of 772 % 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 $35.25 to $272.02 during November, and December.
When referring to the price in Verona (cities), this has fallen considerably in the last 6 months. In our first sample month during July, the average price is $2,933. In August This price remains at $3,078. During the following two months (September, October) the average price had a considerable fall of 83 % 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 $2,752.75 to $2,118.5, which means a 77 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $2,115 they are 4 % more expensive than the average price for Verona. Following this ranking we find those properties with 3 at an average price of $2,791. The properties with the highest average price have 2 bedrooms, Their price is 54 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,791.
With regard to the average prices per sq.feet those properties with 1 bedroom are 11 % more affordable than the average price of ($312.67 / sq.feet) in Verona. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 11 % more affordable than the average value aforementioned.
According to average price per property type in Verona, "" priced at $2,776 is 31 % more expensive than the average price ($2,115) in this city.