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 December, the average price per sq.feet was $6.5. In the following month the price per sq.feet fell considerably to . The price for the following two months in (February, March) had a considerable rise of 215 %. The price per sq.feet has had a considerable rise of 156 % 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 $5.11 to $8 during April, and May.
When referring to the price in Colorado City (cities), this has risen in the last 6 months. The average price for December is $6,024. During January the price had a considerable fall till $1,614. During the following two months (February, March) the average price had a considerable rise of 175 % 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 159 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $11,233 they are 34 % more affordable than the average price for Colorado City . The properties with the highest average price have 3 bedrooms, Their price is 13 % more expensive than the average. After that we have properties with 2 bedrooms priced at $11,460.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $2 / sq.feet, with an average $11.1 / sq.feet price in Colorado City. The properties with the most expensive average prices have 1 bedroom. They are 47 % more expensive than the average followed by properties with 3 bedrooms with a price at $10.62 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $11,233 it is 76 % more affordable than the average price in Colorado City. "Apartment" is seen as the second most affordable property type. The most affordable property is "Apartment" followed by "House". At a price of $2,729 it is 76 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1 / sq.feet followed by "Apartment" priced at $2 / sq.feet. "Apartment" is the most affordable type of property with a $2 / sq.feet value followed by "House" with an average price of $1 / sq.feet.