The rent prices in real estate in Breckenridge, 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 Breckenridge has had a strong fall during the last 6 months. In January, the average price per sq.feet was $95.06. In the following month the price per sq.feet rose considerably to $126.11. The price for the following two months in (March, April) had a considerable fall of 30 with regard to the previous two months. The price per sq.feet has had a considerable fall of 3 % 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 $71.83 to $2.14 during May, and June.
When referring to the price in Breckenridge (cities), this has fallen considerably in the last 6 months. In our first sample month during January, the average price is $5,150. In February This price remains at $5,341. During the following two months (March, April) the average price had a considerable fall of 61 % 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 $4,231.75 to $2,399, which means a 57 % fall.
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 $2,311 they are 27 % more affordable than the average price for Breckenridge . The properties with the highest average price have 2 bedrooms, Their price is 25 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,684.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $2 / sq.feet, with an average $2.31 / sq.feet price in Breckenridge. The properties with the most expensive average prices have 2 bedrooms. They are 3406 % more expensive than the average followed by properties with 1 bedroom with a price at $2 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most expensive one. At an cost of $2,311 it is 3 % more expensive than the average price in Breckenridge. "House" is seen as the second most expensive property type. The most expensive property type is "House" followed by "Townhouse". At a price of $2,382 it is 4 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Townhouse" at an average price of $88 / sq.feet followed by "House" priced at $93 / sq.feet. "House" is the most expensive type of property with a $93 / sq.feet value followed by "Townhouse" with an average price of $88 / sq.feet.