The rent prices in real estate in Bayfield, 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 Bayfield has had a strong fall during the last 6 months. In July, the average price per sq.feet was $95. In the following month the price per sq.feet fell considerably to $0.96. The price for the following two months in (September, October) had a considerable fall of 52 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 $36.49 to $29.5 during November, and December.
When referring to the price in Bayfield (cities), this has fallen in the last 6 months. In our first sample month during July, the average price is $1,461. In August This price remains at $1,400. During the following two months (September, October) the average price had a considerable fall of 70 % 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 6 % more affordable than the average price of $1,431 in Bayfield. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 6 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 2147483647 % more expensive than the average price of ($80 / sq.feet) in Bayfield. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 2147483647 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,522 it is 6 % more affordable than the average price in Bayfield. "Commercial" is seen as the second most affordable property type. The most affordable property is "Commercial" followed by "House". At a price of $1,431 it is 4 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Commercial" at an average price of $12 / sq.feet followed by "House" priced at $80 / sq.feet. "House" is the most expensive type of property with a $80 / sq.feet value followed by "Commercial" with an average price of $12 / sq.feet.