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 July, the average price per sq.feet was $1. In the following month the price per sq.feet rose to $1.09. In the following two months the price per sq.feet has practically remained the same, going from $1.04 to $1.01 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 $1.03 to $0.56 during November, and December.
When referring to the price in Central Point (cities), there have hardly been any changes in the last 6 months. In our first sample month during July, the average price is $1,428. In August This price remains at $1,417. In the following two months the average price has hardly changed with regard to the previous two months from $1,422.5 to $1,476.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $1,449.5 to $1,365 in November and December.
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 $1,547 they are 23 % more affordable than the average price for Central Point . The properties with the lowest average price have 3 bedrooms, Their price is 7 % more affordable than the average. After that we have properties with 4 bedrooms priced at $1,391.
With regard to the average prices per sq.feet those properties with 1 bedroom are 2147483647 % more expensive than the average price of ($2 / sq.feet) in Central Point. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 2147483647 % more expensive than the average value aforementioned.
According to average price per property type in Central Point, "" priced at $1,391 is 10 % lower than the average price ($1,547) in this city.