The rent prices in real estate in College Place, in the Washington region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in College Place has risen during the last 6 months. In July, the average price per sq.feet was $1.12. In August this price barely changed remaining at $1.17 per sq.feet. In the following two months the price per sq.feet has risen 110 %, going from $1.14 to $1.25 per sq.feet. The price per sq.feet has risen 107 % 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 $1.2 to $1.29 during November, and December.
When referring to the price in College Place (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during July, is $1,202. During August the price went through a considerable rise reaching $1,536. During the following two months (September, October) the average price had a considerable fall of 84 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 90 %, going from $1,262.75 to $1,130.5 in November and December.
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 $1,168 they are 35 % more affordable than the average price for College Place . The properties with the highest average price have 4 bedrooms, Their price is 22 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,320.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.27 / sq.feet, with an average $1.39 / sq.feet price in College Place. The properties with the most expensive average prices have 1 bedroom. They are 5 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.27 / sq.feet.
According to average price per property type in College Place, "" priced at $1,008 is 14 % lower than the average price ($1,168) in this city.