The rent prices in real estate in Franktown, 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 Franktown has had a strong fall during the last 6 months. In January, the average price per sq.feet was $95. In the following month the price per sq.feet fell considerably to $61. The price for the following two months in (March, April) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable rise of 140 % 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 $39 to $54.5 during May, and June.
When referring to the price in Franktown (cities), this has fallen considerably in the last 6 months. The average price for January is $4,290. During February the price had a considerable fall till $2,178. During the following two months (March, April) the average price had a considerable fall of 54 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 112 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 11 % more expensive than the average price of $4,220 in Franktown. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 11 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 26 % more affordable than the average price of ($81 / sq.feet) in Franktown. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 26 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $3,813 it is 44 % more affordable than the average price in Franktown. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Land". At a price of $2,136 it is 11 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Land" at an average price of $47 / sq.feet followed by "House" priced at $81 / sq.feet. "House" is the most affordable type of property with a $81 / sq.feet value followed by "Land" with an average price of $47 / sq.feet.