The rent prices in real estate in Gig Harbor, in the Washington 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 Gig Harbor has had a strong fall during the last 6 months. In June, the average price per sq.feet was $12.23. In the following month the price per sq.feet fell to $11.35. The price for the following two months in (August, September) had a considerable fall of 12 with regard to the previous two months. The price per sq.feet has had a considerable fall of 22 % 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 $6.59 to $1.45 during October, and November.
When referring to the price in Gig Harbor (cities), this has fallen in the last 6 months. The average price for June is $2,330. During July the price had a slight fall till $1,999. In the following two months the average price has hardly changed with regard to the previous two months from $2,164.5 to $2,109. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $2,136.75 to $2,004.5 in October and November.
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 $1,862 they are 32 % more affordable than the average price for Gig Harbor . The properties with the highest average price have 3 bedrooms, Their price is 23 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,676.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.28 / sq.feet, with an average $1.53 / sq.feet price in Gig Harbor. The properties with the most expensive average prices have 1 bedroom. They are 18 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.67 / sq.feet.
According to average price per property type in Gig Harbor, "" priced at $1,676 is 10 % lower than the average price ($1,862) in this city.