The rent prices in real estate in Woodstock, in the Georgia region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Woodstock has risen strongly during the last 6 months. In April, the average price per sq.feet was $1.3. In the following month the price per sq.feet rose considerably to $3.27. The price for the following two months in (June, July) had a considerable rise of 153 %. The price per sq.feet has had a considerable fall of 41 % 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 $2.89 to $1.18 during August, and September.
When referring to the price in Woodstock (cities), there have hardly been any changes in the last 6 months. In our first sample month during April, the average price is $1,384. In May This price remains at $1,399. In the following two months the average price has hardly changed with regard to the previous two months from $1,391.5 to $1,461. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,426.25 and $1,438 between August and September.
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 $1,475 they are 18 % more affordable than the average price for Woodstock . The properties with the highest average price have 4 bedrooms, Their price is 38 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,514.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.82 / sq.feet, with an average $1.18 / sq.feet price in Woodstock. The properties with the most expensive average prices have 1 bedroom. They are 22 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.25 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,475 it is 10 % more affordable than the average price in Woodstock. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $1,480 it is 7 % 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 $1.04 / sq.feet followed by "Apartment" priced at $1.32 / sq.feet. "Commercial" is the most expensive type of property with a $13 / sq.feet value followed by "Condo" with an average price of $10 / sq.feet.