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.