The rent prices in real estate in Carefree, in the Arizona region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Carefree has risen strongly during the last 6 months. In October, the average price per sq.feet was $2.27. In the following month the price per sq.feet rose to $2.42. In the following two months the price per sq.feet has risen 113 %, going from $2.35 to $2.66 per sq.feet. The price per sq.feet has risen 112 % 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 $2.5 to $2.8 during February, and March.
When referring to the price in Carefree (cities), this has risen in the last 6 months. In our first sample month during October, the average price is $5,729. In November This price remains at $5,588. In the following two months the average price has hardly changed with regard to the previous two months from $5,658.5 to $5,861. Based on an analysis of the first four prices and the last two months the average price has increased 112 % during the last two months.
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 $6,348 they are 59 % more affordable than the average price for Carefree . The properties with the highest average price have 4 bedrooms, Their price is 80 % more expensive than the average. After that we have properties with 3 bedrooms priced at $8,846.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.39 / sq.feet, with an average $2.71 / sq.feet price in Carefree. The properties with the most expensive average prices have 3 bedrooms. They are 17 % more expensive than the average followed by properties with 4 bedrooms with a price at $2.97 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $6,348 it is 49 % more affordable than the average price in Carefree. "House" is seen as the second most affordable property type. The most expensive property type is "Detached House" followed by "House". At a price of $7,389 it is 26 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Detached House" at an average price of $2 / sq.feet followed by "Apartment" priced at $2.11 / sq.feet. "House" is the most expensive type of property with a $2.95 / sq.feet value followed by "Apartment" with an average price of $2.11 / sq.feet.