The rent prices in real estate in Colorado City, in the Colorado region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Colorado City has fallen during the last 6 months. In February, the average price per sq.feet was $1.2. In March this price barely changed remaining at $1.18 per sq.feet. The price for the following two months in (April, May) had a considerable fall of 42 with regard to the previous two months. The price per sq.feet has had a considerable rise of 193 % 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 $0.85 to $1.63 during June, and July.
When referring to the price in Colorado City (cities), there have hardly been any changes in the last 6 months. The rent price in February is $1,297, rising in March till $1,477. During the following two months (April, May) the average price had a considerable fall of 44 % 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 had a strong increase of 189 % 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 $2,153 they are 22 % more affordable than the average price for Colorado City . The properties with the highest average price have 4 bedrooms, Their price is 97 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,076.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.46 / sq.feet, with an average $1.82 / sq.feet price in Colorado City. The properties with the most expensive average prices have 1 bedroom. They are 34 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.73 / sq.feet.
According to average price per property type in Colorado City, "" priced at $1,103 is 49 % lower than the average price ($2,153) in this city.