The rent prices in real estate in Center Point, in the Texas 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 Center Point has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.93. In the following month the price per sq.feet fell to $1.72. In the following two months the price per sq.feet has practically remained the same, going from $1.83 to $1.9 per sq.feet. The price per sq.feet has had a considerable fall of 54 % 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 $1.87 to $1 during February, and March.
When referring to the price in Center Point (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $1,642. In November This price remains at $1,671. During the following two months (December, January) the average price had a considerable fall of 76 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 114 % 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 $1,623 they are 45 % more affordable than the average price for Center Point . The properties with the lowest average price have 2 bedrooms, Their price is 12 % more affordable than the average. After that we have properties with 1 bedroom priced at $898.
With regard to the average prices per sq.feet those properties with 1 bedroom are 50 % more affordable than the average price of ($1 / sq.feet) in Center Point. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 50 % more affordable than the average value aforementioned.
According to average price per property type in Center Point, "" priced at $1,423 is 12 % lower than the average price ($1,623) in this city.