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 October, the average price per sq.feet was $1.53. In the following month the price per sq.feet fell to $1.45. The price for the following two months in (December, January) fell 95 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 34 % 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 $1.45 to $0.5 during February, and March.
When referring to the price in Bailey (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $2,812. In November This price remains at $2,724. In the following two months the average price has hardly changed with regard to the previous two months from $2,768 to $2,669.5. 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 $2,718.75 and $2,675.5 between February and March.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 26 % more affordable than the average price of $1,890 in Bailey. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 26 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 6000 % more expensive than the average price of ($61 / sq.feet) in Bailey. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 6000 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,547 it is 30 % more affordable than the average price in Bailey. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "". At a price of $1,781 it is 28 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $8 / sq.feet. "House" at an average price of $8 / sq.feet has the highest price and would be directed at more affluent cities.