The rent prices in real estate in Bisbee, in the Arizona 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 Bisbee has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.17. In the following month the price per sq.feet rose considerably to $1.6. The price for the following two months in (December, January) had a considerable fall of 72 with regard to the previous two months. The price per sq.feet has had a considerable fall of 42 % 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 $1.19 to $0.5 during February, and March.
When referring to the price in Bisbee (cities), this has fallen in the last 6 months. The average price for October is $905. During November the price had a considerable fall till $748. In the following two months the average price has hardly changed with regard to the previous two months from $826.5 to $835. 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 $830.75 and $847.5 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $826 they are 23 % more affordable than the average price for Bisbee . The properties with the highest average price have 1 bedroom, Their price is 3 % more expensive than the average. After that we have properties with 2 bedrooms priced at $796.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1 / sq.feet, with an average $1 / sq.feet price in Bisbee. The properties with the most expensive average prices have 3 bedrooms. They are 1500 % more expensive than the average followed by properties with 4 bedrooms with a price at $11 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $826 it is 26 % more affordable than the average price in Bisbee. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "". At a price of $615 it is 23 % 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 $11 / sq.feet. "House" at an average price of $11 / sq.feet has the highest price and would be directed at more affluent cities.