The rent prices in real estate in Vienna, in the Virginia region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Vienna has fallen during the last 6 months. In July, the average price per sq.feet was $2.19. In the following month the price per sq.feet fell to $2.03. The price for the following two months in (September, October) fell 91 % with regard to the previous two months. The price per sq.feet has fallen 92 % 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 $2.01 to $1.85 during November, and December.
When referring to the price in Vienna (cities), there have hardly been any changes in the last 6 months. In our first sample month during July, the average price is $1,986. In August This price remains at $1,921. During the following two months (September, October) the price has had an average rise from $1,953.5 to $2,194.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $2,074 and $2,046.5 between November and December.
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 $1,993 they are 17 % more affordable than the average price for Vienna . The properties with the highest average price have 4 bedrooms, Their price is 72 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,483.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.56 / sq.feet, with an average $1.89 / sq.feet price in Vienna. The properties with the most expensive average prices have 1 bedroom. They are 74 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.79 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,993 it is 14 % more affordable than the average price in Vienna. "Condo" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "". At a price of $2,527 it is 37 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $9.93 / sq.feet followed by "Condo" priced at $42.61 / sq.feet. "Townhouse" is the most expensive type of property with a $430 / sq.feet value followed by "Condo" with an average price of $42.61 / sq.feet.