Property prices for rent in Ketchikan (Alaska)
The rent prices in real estate in Ketchikan, in the Alaska 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 Ketchikan has risen during the last 6 months. In March, the average price per sq.feet was $1.62. In April this price barely changed remaining at $1.67 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.64 to $1.67 per sq.feet. 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 $1.66 to $2.04 during July, and August.
When referring to the price in Ketchikan (cities), there have hardly been any changes in the last 6 months. In our first sample month during March, the average price is $1,754. In April This price remains at $1,739. In the following two months the average price has hardly changed with regard to the previous two months from $1,746.5 to $1,673. 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 $1,709.75 and $1,751.5 between July and August.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,736 they are 33 % more affordable than the average price for Ketchikan . The properties with the highest average price have 3 bedrooms, Their price is 34 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,728.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.18 / sq.feet, with an average $2.46 / sq.feet price in Ketchikan. The properties with the most expensive average prices have 4 bedrooms. They are 428 % more expensive than the average followed by properties with 1 bedroom with a price at $3.73 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,736 it is 35 % more affordable than the average price in Ketchikan. "Condo" is seen as the second most affordable property type. The most affordable property is "Duplex" followed by "House". At a price of $1,159 it is 23 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Duplex" at an average price of $6 / sq.feet followed by "Condo" priced at $7 / sq.feet. "House" is the most expensive type of property with a $11 / sq.feet value followed by "Condo" with an average price of $7 / sq.feet.
