The rent prices in real estate in Bailey, 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 Bailey has risen strongly during the last 6 months. In March, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $1. In the following two months the price per sq.feet has practically remained the same, going from $0.5 to $0.5 per sq.feet. The price per sq.feet has had a considerable rise of 238 % 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 $0.5 to $1.19 during July, and August.
When referring to the price in Bailey (cities), this has fallen considerably in the last 6 months. The average price for March is $2,463. During April the price had a considerable fall till $1,983. During the following two months (May, June) the average price had a considerable fall of 57 % 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 121 % 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 13 % more affordable than the average price of $1,902 in Bailey. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 13 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 4251 % more expensive than the average price of ($67 / 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 4251 % more expensive 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 $2,175 it is 18 % 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 $1,823 it is 15 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Condo" at an average price of $4 / sq.feet followed by "House" priced at $14 / sq.feet. "Duplex" is the most expensive type of property with a $25 / sq.feet value followed by "House" with an average price of $14 / sq.feet.