The rent prices in real estate in Canon City, 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 Canon City has had a strong fall during the last 6 months. In March, the average price per sq.feet was $31.29. In the following month the price per sq.feet fell to $27.55. The price for the following two months in (May, June) had a considerable fall of 3 with regard to the previous two months. The price per sq.feet has had a considerable fall of 5 % 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 $15.22 to $0.71 during July, and August.
When referring to the price in Canon City (cities), this has fallen considerably in the last 6 months. The average price for March is $1,657. During April the price had a slight fall till $1,500. During the following two months (May, June) the average price fell 92 % 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 $1,514 to $1,118.5, which means a 74 % 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 $1,404 they are 52 % more affordable than the average price for Canon City . The properties with the highest average price have 2 bedrooms, Their price is 17 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,140.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most expensive ones at a cost of $20 / sq.feet, with an average / sq.feet price in Canon City. The properties with the most expensive average prices have 2 bedrooms. They are 2147483647 % more expensive than the average followed by properties with 4 bedrooms with a price at $20 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,404 it is 42 % more affordable than the average price in Canon City. "Cabin" is seen as the second most affordable property type. The most affordable property is "House" followed by "Land". At a price of $987 it is 29 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Cabin" at an average price of $10 / sq.feet followed by "Land" priced at $15 / sq.feet. "House" is the most expensive type of property with a $20 / sq.feet value followed by "Land" with an average price of $15 / sq.feet.