The rent prices in real estate in West Chester, in the Pennsylvania 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 West Chester has risen during the last 6 months. In November, the average price per sq.feet was $1.65. In December this price barely changed remaining at $1.73 per sq.feet. In the following two months the price per sq.feet has risen 105 %, going from $1.69 to $1.77 per sq.feet. The price per sq.feet has risen 114 % 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 $1.73 to $1.98 during March, and April.
When referring to the price in West Chester (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,584. In December This price remains at $1,549. During the following two months (January, February) the price has had an average rise from $1,566.5 to $1,645.5. Based on an analysis of the first four prices and the last two months the average price has increased 105 % 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 $1,749 they are 13 % more affordable than the average price for West Chester . The properties with the highest average price have 4 bedrooms, Their price is 55 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,400.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.47 / sq.feet, with an average $1.97 / sq.feet price in West Chester. The properties with the most expensive average prices have 1 bedroom. They are 11 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.8 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,749 it is 13 % more affordable than the average price in West Chester. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $2,130 it is 31 % 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 $1.96 / sq.feet followed by "Apartment" priced at $2.11 / sq.feet. "Condo" is the most expensive type of property with a $119.01 / sq.feet value followed by "Townhouse" with an average price of $17 / sq.feet.