The rent prices in real estate in Greenacres, 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 Greenacres has had a strong fall during the last 6 months. In April, the average price per sq.feet was $1. In May this price barely changed remaining at $1 per sq.feet. The price for the following two months in (June, July) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable rise of 123 % 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 $0.5 to $0.62 during August, and September.
When referring to the price in Greenacres (cities), this has risen in the last 6 months. In our first sample month during April, the average price is $1,381. In May This price remains at $1,382. In the following two months the average price has hardly changed with regard to the previous two months from $1,381.5 to $1,408. Based on an analysis of the first four prices and the last two months the average price has increased 114 % during the last two months.
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 $1,723 they are 37 % more affordable than the average price for Greenacres . The properties with the lowest average price have 3 bedrooms, Their price is 13 % more affordable than the average. After that we have properties with 4 bedrooms priced at $1,416.
According to average price per property type in Greenacres, "" priced at $1,416 is 18 % lower than the average price ($1,723) in this city.