The rent prices in real estate in Washington, in the Connecticut 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 Washington has risen strongly during the last 6 months. In October, the average price per sq.feet was $3.48. In November this price barely changed remaining at $3.6 per sq.feet. The price for the following two months in (December, January) had a considerable rise of 127 %. The price per sq.feet has had a considerable rise of 118 % 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 $4.01 to $4.75 during February, and March.
When referring to the price in Washington (cities), this has risen considerably in the last 6 months. The rent price in October is $9,317, rising in November till $10,387. During the following two months (December, January) the average price had a considerable rise of 135 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 125 % 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 $14,398 they are 83 % more affordable than the average price for Washington . The properties with the highest average price have 4 bedrooms, Their price is 60 % more expensive than the average. After that we have properties with 3 bedrooms priced at $19,520.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2 / sq.feet, with an average $4.66 / sq.feet price in Washington. The properties with the most affordable average prices have 3 bedrooms. They are 14 % more affordable than the average followed by properties with 2 bedrooms with a price at $2 / sq.feet.
The graph displaying the average rent prices displays the property type "Detached House" as the most affordable one. At an cost of $14,398 it is 60 % more affordable than the average price in Washington. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Detached House". At a price of $5,765 it is 30 % 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 / sq.feet followed by "Detached House" priced at $351 / sq.feet. "Detached House" is the most expensive type of property with a $351 / sq.feet value followed by "House" with an average price of $2 / sq.feet.