The rent prices in real estate in Mayer, in the Arizona 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 Mayer has had a strong fall during the last 6 months. In October, the average price per sq.feet was $278.87. In the following month the price per sq.feet fell considerably to $1.6. The price for the following two months in (December, January) had a considerable fall of 37 with regard to the previous two months. The price per sq.feet has had a considerable fall of 48 % 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 $95.73 to $45.92 during February, and March.
When referring to the price in Mayer (cities), this has risen in the last 6 months. The average price for October is $1,467. During November the price had a slight fall till $1,298. During the following two months (December, January) the average price had a considerable rise of 118 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 118 % 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 $1,700 they are 31 % more affordable than the average price for Mayer . The properties with the lowest average price have 2 bedrooms, Their price is 25 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,171.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 1816 % more expensive than the average price of ($32 / sq.feet) in Mayer. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 1816 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,700 it is 53 % more affordable than the average price in Mayer. "Land" is seen as the second most affordable property type. The most affordable property is "House" followed by "Land". At a price of $1,271 it is 25 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $20 / sq.feet followed by "Land" priced at $32 / sq.feet. "Land" is the most expensive type of property with a $32 / sq.feet value followed by "House" with an average price of $20 / sq.feet.