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 July, the average price per sq.feet was $92. In August this price barely changed remaining at $92 per sq.feet. The price for the following two months in (September, October) had a considerable fall of 62 with regard to the previous two months. The price per sq.feet has had a considerable rise of 116 % 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 $74.33 to $86 during November, and December.
When referring to the price in Woodbine (cities), there have hardly been any changes in the last 6 months. In our first sample month during July, the average price is $4,495. In August This price remains at $4,495. During the following two months (September, October) the average price fell 85 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 121 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 41 % more affordable than the average price of $2,750 in Woodbine. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 41 % 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 $4,673 it is 41 % 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 $2,744 it is 8 % 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 $53 / sq.feet. "House" with an average price of $53 / sq.feet has the most affordable price and would be directed at less affluent cities.