The rent prices in real estate in Crete, in the Nebraska 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 Crete has had a strong fall during the last 6 months. In July, the average price per sq.feet was $3.35. In the following month the price per sq.feet fell considerably to $0.69. The price for the following two months in (September, October) had a considerable fall of 34 with regard to the previous two months. The price per sq.feet has had a considerable fall of 53 % 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 $1.35 to $0.71 during November, and December.
When referring to the price in Crete (cities), there have hardly been any changes in the last 6 months. In our first sample month during July, the average price is $668. In August This price remains at $667. In the following two months the average price has hardly changed with regard to the previous two months from $667.5 to $661. 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 $664.25 and $657.5 between November and December.
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 $666 they are 20 % more affordable than the average price for Crete . The properties with the lowest average price have 2 bedrooms, Their price is 0 % more affordable than the average. After that we have properties with 3 bedrooms priced at $651.
With regard to the average prices per sq.feet those properties with 1 bedroom are 27083 % more expensive than the average price of ($193 / sq.feet) in Crete. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 27083 % more expensive than the average value aforementioned.
According to average price per property type in Crete, "" priced at $651 is 2 % lower than the average price ($666) in this city.