The rent prices in real estate in Washington, in the Pennsylvania 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 November, the average price per sq.feet was $1.39. In December this price barely changed remaining at $1.37 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.38 to $1.39 per sq.feet. The price per sq.feet has had a considerable rise of 271 % 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 $1.38 to $3.76 during March, and April.
When referring to the price in Washington (cities), this has risen considerably in the last 6 months. In our first sample month during November, the average price is $1,410. In December This price remains at $1,357. During the following two months (January, February) the price has had an average rise from $1,383.5 to $1,542.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 314 % 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 $4,562 they are 68 % more affordable than the average price for Washington . The properties with the highest average price have 2 bedrooms, Their price is 32 % more expensive than the average. After that we have properties with 3 bedrooms priced at $5,574.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $3.53 / sq.feet price in Washington. The properties with the most expensive average prices have 2 bedrooms. They are 95 % more expensive than the average followed by properties with 3 bedrooms with a price at $3.2 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $4,562 it is 82 % more affordable than the average price in Washington. "Condo" is seen as the second most affordable property type. The most affordable property is "House" followed by "Condo". At a price of $962 it is 68 % more affordable than the average price.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $1 / sq.feet. "House" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.