The rent prices in real estate in Winchester, 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 Winchester has had a strong fall during the last 6 months. In January, the average price per sq.feet was $8.33. In the following month the price per sq.feet fell considerably to $1.15. The price for the following two months in (March, April) had a considerable fall of 40 with regard to the previous two months. The price per sq.feet has had a considerable fall of 53 % 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 $3.31 to $1.75 during May, and June.
When referring to the price in Winchester (cities), this has fallen considerably in the last 6 months. The average price for January is $7,723. During February the price had a considerable fall till $1,104. During the following two months (March, April) the average price had a considerable fall of 32 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $2,922.75 to $1,638.5, which means a 56 % fall.
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 $1,731 they are 31 % more affordable than the average price for Winchester . The properties with the highest average price have 2 bedrooms, Their price is 367 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,468.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 158 % more expensive than the average price of ($6 / sq.feet) in Winchester. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 158 % more expensive than the average value aforementioned.
According to average price per property type in Winchester, "" priced at $1,221 is 29 % lower than the average price ($1,731) in this city.