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 June, the average price per sq.feet was $7.23. In the following month the price per sq.feet rose considerably to $9.47. The price for the following two months in (August, September) had a considerable fall of 12 with regard to the previous two months. The price per sq.feet has had a considerable fall of 22 % 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 $4.69 to $1.03 during October, and November.
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 June, the average price is $1,336. In July This price remains at $1,371. In the following two months the average price has hardly changed with regard to the previous two months from $1,353.5 to $1,298.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,326 and $1,381 between October and November.
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 $1,451 they are 17 % more affordable than the average price for Central Point . The properties with the highest average price have 3 bedrooms, Their price is 1 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,417.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $2 / sq.feet, with an average $1.07 / sq.feet price in Central Point. The properties with the most expensive average prices have 1 bedroom. They are 1302 % more expensive than the average followed by properties with 3 bedrooms with a price at $8 / sq.feet.
According to average price per property type in Central Point, "" priced at $1,417 is 2 % lower than the average price ($1,451) in this city.