The rent prices in real estate in Lipan, in the Texas 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 Lipan has had a strong fall during the last 6 months. In November, the average price per sq.feet was $0.89. In the following month the price per sq.feet rose considerably to $1.11. The price for the following two months in (January, February) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 during March, and April.
When referring to the price in Lipan (cities), this has risen considerably in the last 6 months. The average price during our first sample month during November, is $1,783. During December the price went through a considerable rise reaching $2,600. During the following two months (January, February) the average price had a considerable rise of 124 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $2,451 to $1,562.5, which means a 64 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,727 they are 28 % more affordable than the average price for Lipan . The properties with the highest average price have 4 bedrooms, Their price is 101 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,790.
According to average price per property type in Lipan, "" priced at $1,897 is 10 % more expensive than the average price ($1,727) in this city.