The rent prices in real estate in Grand Junction, in the Colorado region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Grand Junction has risen during the last 6 months. In October, the average price per sq.feet was $1.43. In the following month the price per sq.feet rose to $1.53. In the following two months the price per sq.feet has risen 105 %, going from $1.48 to $1.55 per sq.feet. The price per sq.feet has risen 113 % 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 $1.52 to $1.72 during February, and March.
When referring to the price in Grand Junction (cities), this has fallen in the last 6 months. The average price for October is $1,763. During November the price had a slight fall till $1,667. During the following two months (December, January) the average price fell 90 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 88 %, going from $1,630 to $1,437 in 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 $1,399 they are 37 % more affordable than the average price for Grand Junction . The properties with the highest average price have 4 bedrooms, Their price is 79 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,910.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.73 / sq.feet price in Grand Junction. The properties with the most expensive average prices have 1 bedroom. They are 21 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.57 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,399 it is 25 % more affordable than the average price in Grand Junction. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Land". At a price of $1,216 it is 37 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $1 / sq.feet. "House" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.