The rent prices in real estate in Babson Park, in the Florida region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Babson Park has fallen during the last 6 months. In September, the average price per sq.feet was $1.91. In the following month the price per sq.feet rose to $2.09. The price for the following two months in (November, December) fell 90 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 81 % 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 $1.9 to $1.53 during January, and February.
When referring to the price in Babson Park (cities), this has risen in the last 6 months. In our first sample month during September, the average price is $1,300. In October This price remains at $1,300. During the following two months (November, December) the price has had an average rise from $1,300 to $1,383.5. 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 $1,341.75 and $1,387.5 between January and February.
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 $1,386 they are 6 % more affordable than the average price for Babson Park . The properties with the highest average price have 4 bedrooms, Their price is 105 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,717.
With regard to the average prices per sq.feet those properties with 1 bedroom are 23 % more expensive than the average price of ($1.89 / sq.feet) in Babson Park. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 23 % more expensive than the average value aforementioned.
According to average price per property type in Babson Park, "" priced at $2,826 is 104 % more expensive than the average price ($1,386) in this city.