The rent prices in real estate in Woodbine, in the Maryland 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 Woodbine has had a strong fall during the last 6 months. In March, the average price per sq.feet was $115. In April this price barely changed remaining at $115 per sq.feet. The price for the following two months in (May, June) had a considerable fall of 77 with regard to the previous two months. The price per sq.feet has fallen 92 % 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 $102 to $94 during July, and August.
When referring to the price in Woodbine (cities), this has fallen in the last 6 months. In our first sample month during March, the average price is $5,452. In April This price remains at $5,452. During the following two months (May, June) the average price fell 93 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 86 %, going from $5,261 to $4,505 in July and August.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 38 % more affordable than the average price of $2,798 in Woodbine. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 38 % more affordable than the average aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $4,505 it is 38 % more affordable than the average price in Woodbine. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "". At a price of $2,792 it is 3 % 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 $69 / sq.feet. "House" with an average price of $69 / sq.feet has the most affordable price and would be directed at less affluent cities.