The rent prices in real estate in Dumas, in the Texas 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 Dumas has had a strong fall during the last 6 months. In October, the average price per sq.feet was $23. In the following month the price per sq.feet rose considerably to $29. The price for the following two months in (December, January) had a considerable fall of 3 with regard to the previous two months. The price per sq.feet has had a considerable rise of 179 % 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 $13.43 to $24 during February, and March.
When referring to the price in Dumas (cities), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $674. In November This price remains at $678. During the following two months (December, January) the average price had a considerable rise of 218 % 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 $1,076.25 to $677, which means a 63 % fall.
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 $668 they are 19 % more affordable than the average price for Dumas . The properties with the highest average price have 2 bedrooms, Their price is 4 % more expensive than the average. After that we have properties with 3 bedrooms priced at $669.
According to average price per property type in Dumas, "" priced at $553 is 17 % lower than the average price ($668) in this city.