The rent prices in real estate in Aledo, in the Texas 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 Aledo has had a strong fall during the last 6 months. In February, the average price per sq.feet was $34.17. In the following month the price per sq.feet rose considerably to $40.76. The price for the following two months in (April, May) fell 91 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 3 % 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 $35.8 to $1.07 during June, and July.
When referring to the price in Aledo (cities), this has risen in the last 6 months. In our first sample month during February, the average price is $2,203. In March This price remains at $2,278. In the following two months the average price has hardly changed with regard to the previous two months from $2,240.5 to $2,317. Based on an analysis of the first four prices and the last two months the average price has increased 109 % 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 $2,454 they are 43 % more affordable than the average price for Aledo . The properties with the lowest average price have 2 bedrooms, Their price is 24 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,410.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 426 % more expensive than the average price of ($6 / sq.feet) in Aledo. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 426 % more expensive than the average value aforementioned.
With regard to the average price based upon the property in Aledo we can see that the most affordable property type is "House" at a price of $1,854, they are 24 % cheaper than the average price of (!PRECIO2!). "House" has the most affordable price. This price is 24 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $6 / sq.feet. "House" at an average price of $6 / sq.feet has the highest price and would be directed at more affluent cities.