The rent prices in real estate in Blue Springs, in the Missouri 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 Blue Springs has had a strong fall during the last 6 months. In March, the average price per sq.feet was $8.22. In the following month the price per sq.feet rose considerably to $10.01. The price for the following two months in (May, June) had a considerable fall of 65 with regard to the previous two months. The price per sq.feet has had a considerable fall of 65 % 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 $7.54 to $4.87 during July, and August.
When referring to the price in Blue Springs (cities), there have hardly been any changes in the last 6 months. In our first sample month during March, the average price is $1,245. In April This price remains at $1,214. In the following two months the average price has hardly changed with regard to the previous two months from $1,229.5 to $1,175. 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 $1,202.25 and $1,224.5 between July and August.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,235 they are 38 % more affordable than the average price for Blue Springs . The properties with the highest average price have 4 bedrooms, Their price is 39 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,333.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $0.88 / sq.feet, with an average $0.98 / sq.feet price in Blue Springs. The properties with the most expensive average prices have 1 bedroom. They are 14 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.01 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,235 it is 17 % more affordable than the average price in Blue Springs. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $1,119 it is 16 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $0.79 / sq.feet followed by "House" priced at $0.96 / sq.feet. "Apartment" is the most expensive type of property with a $0.99 / sq.feet value followed by "House" with an average price of $0.96 / sq.feet.