The rent prices in real estate in Craig, in the Colorado region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Craig has had a strong fall during the last 6 months. In March, the average price per sq.feet was $1. In April this price barely changed remaining at $1 per sq.feet. The price for the following two months in (May, June) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable rise of 130 % 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 $0.5 to $0.65 during July, and August.
When referring to the price in Craig (cities), this has fallen in the last 6 months. In our first sample month during March, the average price is $1,540. In April This price remains at $1,540. During the following two months (May, June) the average price had a considerable rise of 117 % 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 $1,668 to $1,072.5, which means a 64 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 32 % more affordable than the average price of $771 in Craig. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 32 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 2362 % more expensive than the average price of ($32 / sq.feet) in Craig. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 2362 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,128 it is 35 % more affordable than the average price in Craig. "Land" is seen as the second most affordable property type. The most affordable property is "House" followed by "Land". At a price of $751 it is 32 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Land" at an average price of $12 / sq.feet followed by "House" priced at $32 / sq.feet. "House" is the most expensive type of property with a $32 / sq.feet value followed by "Land" with an average price of $12 / sq.feet.