The rent prices in real estate in Avon, 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 Avon has risen strongly during the last 6 months. In March, the average price per sq.feet was $2.89. In April this price barely changed remaining at $2.91 per sq.feet. The price for the following two months in (May, June) fell 90 % with regard to the previous two months. The price per sq.feet has had a considerable rise of 2162 % 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 $2.75 to $59.5 during July, and August.
When referring to the price in Avon (cities), this has risen in the last 6 months. The average price during our first sample month during March, is $2,492. During April the price went through a considerable rise reaching $3,413. During the following two months (May, June) the average price had a considerable fall of 84 % 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 increased 107 % 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 $2,497 they are 30 % more affordable than the average price for Avon . The properties with the highest average price have 3 bedrooms, Their price is 32 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,019.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $2 / sq.feet price in Avon. The properties with the most expensive average prices have 3 bedrooms. They are 5700 % more expensive than the average followed by properties with 1 bedroom with a price at $2 / sq.feet.
The graph displaying the average rent prices displays the property type "Duplex" as the most expensive one. At an cost of $2,497 it is 29 % more expensive than the average price in Avon. "Townhouse" is seen as the second most expensive property type. The most expensive property type is "House" followed by "Condo". At a price of $3,266 it is 32 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Duplex" at an average price of $101 / sq.feet followed by "Townhouse" priced at $106 / sq.feet. "House" is the most expensive type of property with a $116 / sq.feet value followed by "Condo" with an average price of $111 / sq.feet.