The rent prices in real estate in Excelsior, in the Minnesota region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Excelsior has barely changed in the last 6 months. In October, the average price per sq.feet was $1.38. In the following month the price per sq.feet rose considerably to $1.66. The price for the following two months in (December, January) fell 89 % with regard to the previous two months. The price per sq.feet has fallen 91 % 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 $1.44 to $1.31 during February, and March.
When referring to the price in Excelsior (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during October, is $2,480. During November the price went through a considerable rise reaching $3,118. During the following two months (December, January) the average price had a considerable fall of 42 % with regard to the previous two months. 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 $1,991.25 and $1,949.5 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $2,583 they are 54 % more affordable than the average price for Excelsior . The properties with the highest average price have 2 bedrooms, Their price is 26 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,569.
With regard to the average prices per sq.feet those properties with 1 bedroom are 0 % more affordable than the average price of ($1 / sq.feet) in Excelsior. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 0 % more affordable than the average value aforementioned.
According to average price per property type in Excelsior, "" priced at $1,182 is 54 % lower than the average price ($2,583) in this city.