The rent prices in real estate in Aspen, in the Colorado 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 Aspen has risen strongly during the last 6 months. In May, the average price per sq.feet was $5.19. In the following month the price per sq.feet rose considerably to $248. The price for the following two months in (July, August) had a considerable rise of 304 %. The price per sq.feet has had a considerable fall of 2 % 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 $255.9 to $5 during September, and October.
When referring to the price in Aspen (cities), this has fallen considerably in the last 6 months. The average price for May is $11,050. During June the price had a considerable fall till $8,210. During the following two months (July, August) the average price had a considerable fall of 80 % 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 127 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 10 % more expensive than the average price of $12,195 in Aspen. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 10 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 5680 % more expensive than the average price of ($289 / sq.feet) in Aspen. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 5680 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Condo" as the most expensive one. At an cost of $11,038 it is 22 % more expensive than the average price in Aspen. "Apartment" is seen as the second most expensive property type. The most expensive property type is "House" followed by "Apartment". At a price of $14,891 it is 36 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Apartment" at an average price of $285 / sq.feet followed by "House" priced at $290 / sq.feet. "Condo" is the most expensive type of property with a $761 / sq.feet value followed by "House" with an average price of $290 / sq.feet.