The rent prices in real estate in Franktown, in the Colorado region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Franktown has risen strongly during the last 6 months. In October, the average price per sq.feet was $1. In November this price barely changed remaining at $1 per sq.feet. The price for the following two months in (December, January) had a considerable rise of 239 %. The price per sq.feet has had a considerable rise of 147 % 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 $1.69 to $2.48 during February, and March.
When referring to the price in Franktown (cities), this has fallen considerably in the last 6 months. The average price for October is $3,727. During November the price had a slight fall till $3,488. During the following two months (December, January) the average price had a considerable fall of 75 % 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 $3,160 and $3,167 between 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 $3,167 they are 37 % more affordable than the average price for Franktown . 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 1 bedroom priced at $1,998.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $2 / sq.feet, with an average $2.48 / sq.feet price in Franktown. The properties with the most expensive average prices have 2 bedrooms. They are 1352 % more expensive than the average followed by properties with 1 bedroom with a price at $2 / sq.feet.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $3,167 it is 37 % 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 $2,001 it is 26 % 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 $2 / sq.feet followed by "House" priced at $36 / sq.feet. "House" is the most expensive type of property with a $36 / sq.feet value followed by "Land" with an average price of $2 / sq.feet.