The rent prices in real estate in Bailey, in the Colorado 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 Bailey has had a strong fall during the last 6 months. In May, the average price per sq.feet was $75. In the following month the price per sq.feet fell considerably to $1.01. The price for the following two months in (July, August) had a considerable fall of 2 with regard to the previous two months. The price per sq.feet has had a considerable rise of 191 % 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 $19.4 to $37 during September, and October.
When referring to the price in Bailey (cities), this has risen in the last 6 months. The average price during our first sample month during May, is $1,918. During June the price went through a considerable rise reaching $2,369. During the following two months (July, August) the average price fell 91 % 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 showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 0 % more affordable than the average price of $1,916 in Bailey. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 0 % more affordable than the average price of ($74 / sq.feet) in Bailey. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 0 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Duplex" as the most affordable one. At an cost of $1,916 it is 5 % more affordable than the average price in Bailey. "Condo" is seen as the second most affordable property type. The most affordable property is "House" followed by "Condo". At a price of $1,847 it is 3 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $16 / sq.feet followed by "House" priced at $21 / sq.feet. "Duplex" is the most affordable type of property with a $47 / sq.feet value followed by "House" with an average price of $21 / sq.feet.