The rent prices in real estate in Glenwood Springs, 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 Glenwood Springs has risen strongly during the last 6 months. In September, the average price per sq.feet was $1.85. In the following month the price per sq.feet rose to $1.97. The price for the following two months in (November, December) had a considerable rise of 120 %. The price per sq.feet has risen 108 % 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 $2.11 to $2.28 during January, and February.
When referring to the price in Glenwood Springs (cities), this has fallen considerably in the last 6 months. The average price for September is $2,638. During October the price had a considerable fall till $2,086. During the following two months (November, December) the average price fell 87 % 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 $2,214 and $2,167.5 between January and February.
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 $2,179 they are 54 % more affordable than the average price for Glenwood Springs . The properties with the lowest average price have 2 bedrooms, Their price is 36 % more affordable than the average. After that we have properties with 1 bedroom priced at $993.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 1084 % more expensive than the average price of ($27 / sq.feet) in Glenwood Springs. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 1084 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $2,179 it is 40 % more affordable than the average price in Glenwood Springs. "Townhouse" is seen as the second most affordable property type. The most affordable property is "House" followed by "Garage". At a price of $1,364 it is 36 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Garage" at an average price of $10 / sq.feet followed by "House" priced at $27 / sq.feet. "Townhouse" is the most expensive type of property with a $63 / sq.feet value followed by "Condo" with an average price of $58 / sq.feet.