The rent prices in real estate in Mathis, 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 Mathis has had a strong fall during the last 6 months. In October, the average price per sq.feet was $0.47. In the following month the price per sq.feet rose to $0.5. The price for the following two months in (December, January) had a considerable fall of 60 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 $0.39 to during February, and March.
When referring to the price in Mathis (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $875. In November This price remains at $904. During the following two months (December, January) the price has had an average rise from $889.5 to $1,021. During the last two months the average price has fallen greatly compared to the previous four going from $955.25 to $623.5, which means a 65 % fall.
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 $613 they are 17 % more affordable than the average price for Mathis . The properties with the highest average price have 3 bedrooms, Their price is 92 % more expensive than the average. After that we have properties with 2 bedrooms priced at $707.
According to average price per property type in Mathis, "" priced at $560 is 9 % lower than the average price ($613) in this city.