The rent prices in real estate in Waynesboro, in the Virginia 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 Waynesboro has had a strong fall during the last 6 months. In November, the average price per sq.feet was $2.81. In the following month the price per sq.feet fell considerably to $1.36. In the following two months the price per sq.feet has risen 114 %, going from $2.09 to $2.38 per sq.feet. The price per sq.feet has had a considerable fall of 61 % 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 $2.24 to $1.37 during March, and April.
When referring to the price in Waynesboro (cities), this has fallen considerably in the last 6 months. The average price for November is $5,478. During December the price had a considerable fall till $1,625. During the following two months (January, February) the price has had an average rise from $3,551.5 to $3,798. 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 2 bedrooms are the most affordable ones. At a price of $4,620 they are 64 % more affordable than the average price for Waynesboro . The properties with the highest average price have 1 bedroom, Their price is 140 % more expensive than the average. After that we have properties with 4 bedrooms priced at $9,174.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $1.49 / sq.feet, with an average $1.41 / sq.feet price in Waynesboro. The properties with the most expensive average prices have 1 bedroom. They are 1066 % more expensive than the average followed by properties with 3 bedrooms with a price at $4.53 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $4,620 it is 86 % more affordable than the average price in Waynesboro. "Land" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $7,136 it is 152 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Land" at an average price of $1 / sq.feet followed by "House" priced at $3 / sq.feet. "Condo" is the most expensive type of property with a $6 / sq.feet value followed by "House" with an average price of $3 / sq.feet.