The rent prices in real estate in Mohave Valley, 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 Mohave Valley has had a strong fall during the last 6 months. In August, the average price per sq.feet was $51. In the following month the price per sq.feet fell considerably to $41. The price for the following two months in (October, November) had a considerable fall of 31 with regard to the previous two months. The price per sq.feet has had a considerable fall of 69 % 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 $30.24 to $21 during December, and January.
When referring to the price in Mohave Valley (cities), this has risen in the last 6 months. The rent price in August is $1,111, rising in September till $1,197. During the following two months (October, November) the price has had an average rise from $1,154 to $1,272.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 87 %, going from $1,213.25 to $1,060.5 in December and January.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 3 % more affordable than the average price of $1,045 in Mohave Valley. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 3 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 36 % more affordable than the average price of ($27 / sq.feet) in Mohave Valley. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 36 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $1,075 it is 4 % more affordable than the average price in Mohave Valley. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Land". At a price of $1,035 it is 3 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "Land" at an average price of $22 / sq.feet followed by "House" priced at $27 / sq.feet. "House" is the most affordable type of property with a $27 / sq.feet value followed by "Land" with an average price of $22 / sq.feet.