The rent prices in real estate in Castle Rock, in the Colorado 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 Castle Rock has risen strongly during the last 6 months. In April, the average price per sq.feet was $1.58. In May this price barely changed remaining at $1.59 per sq.feet. The price for the following two months in (June, July) had a considerable rise of 272 %. The price per sq.feet has had a considerable rise of 190 % 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 $2.94 to $5.59 during August, and September.
When referring to the price in Castle Rock (cities), there have hardly been any changes in the last 6 months. The average price for April is $1,651. During May the price had a slight fall till $1,475. In the following two months the average price has hardly changed with regard to the previous two months from $1,563 to $1,627. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 115 % 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 $1,843 they are 23 % more affordable than the average price for Castle Rock . The properties with the highest average price have 4 bedrooms, Their price is 43 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,386.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.99 / sq.feet, with an average $2.6 / sq.feet price in Castle Rock. The properties with the most expensive average prices have 2 bedrooms. They are 515 % more expensive than the average followed by properties with 1 bedroom with a price at $1.69 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,843 it is 17 % more affordable than the average price in Castle Rock. "Office" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $1,653 it is 37 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.78 / sq.feet followed by "Condo" priced at $5.9 / sq.feet. "Office" is the most expensive type of property with a $24 / sq.feet value followed by "Condo" with an average price of $5.9 / sq.feet.