The rent prices in real estate in Bandon, in the Oregon 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 Bandon has had a strong fall during the last 6 months. In January, the average price per sq.feet was $23. In February this price barely changed remaining at $23 per sq.feet. The price for the following two months in (March, April) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 $11.5 to during May, and June.
When referring to the price in Bandon (cities), this has risen in the last 6 months. In our first sample month during January, the average price is $1,175. In February This price remains at $1,175. During the following two months (March, April) the average price had a considerable rise of 118 % 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 108 % 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 2 % more affordable than the average price of $1,362 in Bandon. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 2 % more affordable than the average aforementioned.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,388 it is 18 % more affordable than the average price in Bandon. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Townhouse". At a price of $1,137 it is 18 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Townhouse" at an average price of $4 / sq.feet followed by "House" priced at $8 / sq.feet. "House" is the most expensive type of property with a $8 / sq.feet value followed by "Townhouse" with an average price of $4 / sq.feet.