The rent prices in real estate in Coralville, in the Iowa 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 Coralville has fallen during the last 6 months. In March, the average price per sq.feet was $1.29. In April this price barely changed remaining at $1.34 per sq.feet. The price for the following two months in (May, June) fell 88 % with regard to the previous two months. The price per sq.feet has fallen 95 % 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 $1.24 to $1.17 during July, and August.
When referring to the price in Coralville (cities), there have hardly been any changes in the last 6 months. In our first sample month during March, the average price is $977. In April This price remains at $971. In the following two months the average price has hardly changed with regard to the previous two months from $974 to $932.5. 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 $953.25 and $959.5 between July and August.
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 $992 they are 11 % more affordable than the average price for Coralville . The properties with the highest average price have 4 bedrooms, Their price is 86 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,767.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.07 / sq.feet, with an average $1.24 / sq.feet price in Coralville. The properties with the most expensive average prices have 1 bedroom. They are 35 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.1 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $992 it is 7 % more affordable than the average price in Coralville. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $1,009 it is 29 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "Condo with an average cost of $1 / sq.feet. "Condo" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.