The rent prices in real estate in Edmonds, in the Washington region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Edmonds has risen during the last 6 months. In October, the average price per sq.feet was $2.21. In November this price barely changed remaining at $2.29 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.25 to $2.28 per sq.feet. The price per sq.feet has risen 106 % 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 $2.26 to $2.41 during February, and March.
When referring to the price in Edmonds (cities), this has fallen in the last 6 months. The average price for October is $2,475. During November the price had a slight fall till $2,341. During the following two months (December, January) the average price had a considerable fall of 84 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 93 %, going from $2,219 to $2,059 in February and March.
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 $2,023 they are 17 % more affordable than the average price for Edmonds . The properties with the highest average price have 4 bedrooms, Their price is 71 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,186.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.73 / sq.feet, with an average $2.52 / sq.feet price in Edmonds. The properties with the most expensive average prices have 1 bedroom. They are 6 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.32 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,023 it is 12 % more affordable than the average price in Edmonds. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Land". At a price of $2,344 it is 52 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1.83 / sq.feet followed by "Land" priced at $2 / sq.feet. "House" is the most expensive type of property with a $2.57 / sq.feet value followed by "Land" with an average price of $2 / sq.feet.