The rent prices in real estate in Central Point, in the Oregon 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 Central Point has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1. In the following month the price per sq.feet rose to $1.12. The price for the following two months in (December, January) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable rise of 241 % 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 $0.53 to $1.27 during February, and March.
When referring to the price in Central Point (cities), there have hardly been any changes in the last 6 months. The average price for October is $1,528. During November the price had a considerable fall till $1,183. During the following two months (December, January) the price has had an average rise from $1,355.5 to $1,486.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 129 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,875 they are 37 % more affordable than the average price for Central Point . The properties with the lowest average price have 3 bedrooms, Their price is 24 % more affordable than the average. After that we have properties with 4 bedrooms priced at $1,385.
According to average price per property type in Central Point, "" priced at $1,385 is 26 % lower than the average price ($1,875) in this city.