The rent prices in real estate in Blowing Rock, in the North Carolina 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 Blowing Rock has had a strong fall during the last 6 months. In January, the average price per sq.feet was $43.94. In the following month the price per sq.feet rose considerably to $54.56. The price for the following two months in (March, April) had a considerable fall of 11 with regard to the previous two months. The price per sq.feet has had a considerable fall of 40 % 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 $27.38 to $11 during May, and June.
When referring to the price in Blowing Rock (cities), this has fallen considerably in the last 6 months. The rent price in January is $1,387, rising in February till $1,594. During the following two months (March, April) the average price had a considerable fall of 14 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $847.75 to $707, which means a 83 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 73 % more expensive than the average price of $2,068 in Blowing Rock. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 73 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 541 % more expensive than the average price of ($109 / sq.feet) in Blowing Rock. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 541 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Land" as the most expensive one. At an cost of $1,194 it is 1 % more expensive than the average price in Blowing Rock. "House" is seen as the second most expensive property type. The most expensive property type is "House" followed by "Land". At a price of $1,209 it is 73 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Land" at an average price of $62 / sq.feet followed by "House" priced at $109 / sq.feet. "House" is the most expensive type of property with a $109 / sq.feet value followed by "Land" with an average price of $62 / sq.feet.