The rent prices in real estate in Wallingford, in the Connecticut region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Wallingford has risen during the last 6 months. In October, the average price per sq.feet was $1.95. In November this price barely changed remaining at $1.97 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.96 to $2.01 per sq.feet. The price per sq.feet has risen 108 % 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 $1.99 to $2.15 during February, and March.
When referring to the price in Wallingford (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $2,082. In November This price remains at $2,054. In the following two months the average price has hardly changed with regard to the previous two months from $2,068 to $1,977. Based on an analysis of the first four prices and the last two months the average price has increased 109 % 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 $2,323 they are 31 % more affordable than the average price for Wallingford . The properties with the highest average price have 4 bedrooms, Their price is 62 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,947.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.99 / sq.feet, with an average $2.18 / sq.feet price in Wallingford. The properties with the most expensive average prices have 1 bedroom. They are 41 % more expensive than the average followed by properties with 4 bedrooms with a price at $2.46 / sq.feet.
The graph displaying the average rent prices displays the property type "Duplex" as the most affordable one. At an cost of $2,323 it is 46 % more affordable than the average price in Wallingford. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $1,937 it is 18 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $2.16 / sq.feet followed by "Apartment" priced at $2.41 / sq.feet. "Triplex" is the most expensive type of property with a $31 / sq.feet value followed by "Townhouse" with an average price of $21 / sq.feet.