The rent prices in real estate in Virginia, in the Minnesota 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 Virginia has had a strong fall during the last 6 months. In April, the average price per sq.feet was $1.74. In the following month the price per sq.feet fell considerably to $1.38. The price for the following two months in (June, July) had a considerable fall of 62 with regard to the previous two months. The price per sq.feet has had a considerable fall of 79 % 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 $1.26 to $1 during August, and September.
When referring to the price in Virginia (cities), this has risen considerably in the last 6 months. In our first sample month during April, the average price is $653. In May This price remains at $678. During the following two months (June, July) the average price had a considerable rise of 128 % with regard to the previous two months. 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 $757.5 and $757.5 between August and September.
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 $779 they are 0 % more expensive than the average price for Virginia. Following this ranking we find those properties with 2 at an average price of $797. The properties with the highest average price have 3 bedrooms, Their price is 5 % more expensive than the average. After that we have properties with 4 bedrooms priced at $814.
According to average price per property type in Virginia, "" priced at $813 is 4 % more expensive than the average price ($779) in this city.