The rent prices in real estate in Cave Creek, in the Arizona 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 Cave Creek has had a strong fall during the last 6 months. In April, the average price per sq.feet was $14.74. In the following month the price per sq.feet fell considerably to $12.42. The price for the following two months in (June, July) fell 92 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 9 % 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 $13.03 to $1.21 during August, and September.
When referring to the price in Cave Creek (cities), this has fallen in the last 6 months. The average price for April is $2,535. During May the price had a considerable fall till $2,029. In the following two months the average price has hardly changed with regard to the previous two months from $2,282 to $2,250. Based on an analysis of the first four prices and the last two months the average price has increased 107 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 7 % more expensive than the average price of $2,614 in Cave Creek. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 7 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 8752 % more expensive than the average price of ($108 / sq.feet) in Cave Creek. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 8752 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,445 it is 23 % more affordable than the average price in Cave Creek. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $2,614 it is 11 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Apartment" at an average price of $3 / sq.feet followed by "Condo" priced at $104 / sq.feet. "House" is the most expensive type of property with a $108 / sq.feet value followed by "Condo" with an average price of $104 / sq.feet.