The rent prices in real estate in Colorado City, in the Colorado region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Colorado City has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.21. In the following month the price per sq.feet rose considerably to $11. The price for the following two months in (December, January) had a considerable fall of 41 with regard to the previous two months. The price per sq.feet has had a considerable fall of 27 % 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 $4.3 to $1.18 during February, and March.
When referring to the price in Colorado City (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $1,283. During November the price went through a considerable rise reaching $11,221. During the following two months (December, January) the average price had a considerable fall of 61 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $5,031 to $1,486.5, which means a 30 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most expensive ones. At a price of $1,240 they are 489 % more expensive than the average price for Colorado City. Following this ranking we find those properties with 1 at an average price of $8,221. The properties with the highest average price have 3 bedrooms, Their price is 917 % more expensive than the average. After that we have properties with 2 bedrooms priced at $11,340.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1 / sq.feet price in Colorado City. The properties with the most expensive average prices have 1 bedroom. They are 600 % more expensive than the average followed by properties with 2 bedrooms with a price at $1 / sq.feet.
According to average price per property type in Colorado City, "" priced at $2,699 is 118 % more expensive than the average price ($1,240) in this city.