The rent prices in real estate in Winston Salem, in the North Carolina region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Winston Salem has fallen during the last 6 months. In May, the average price per sq.feet was $2.16. In the following month the price per sq.feet rose considerably to $3.17. The price for the following two months in (July, August) fell 91 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 44 % 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 $2.55 to $1.11 during September, and October.
When referring to the price in Winston Salem (cities), this has risen in the last 6 months. In our first sample month during May, the average price is $1,073. In June This price remains at $1,077. During the following two months (July, August) the price has had an average rise from $1,075 to $1,132. Based on an analysis of the first four prices and the last two months the average price has increased 106 % 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 $1,136 they are 8 % more affordable than the average price for Winston Salem . The properties with the highest average price have 4 bedrooms, Their price is 19 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,285.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.72 / sq.feet, with an average $1.07 / sq.feet price in Winston Salem. The properties with the most expensive average prices have 1 bedroom. They are 50 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.1 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,136 it is 13 % more affordable than the average price in Winston Salem. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $1,122 it is 5 % 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 $0.82 / sq.feet followed by "Apartment" priced at $1.34 / sq.feet. "Apartment" is the most expensive type of property with a $1.34 / sq.feet value followed by "House" with an average price of $0.82 / sq.feet.