The rent prices in real estate in Mount Vernon, in the Missouri region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Mount Vernon has risen strongly during the last 6 months. In September, the average price per sq.feet was $2. In the following month the price per sq.feet fell considerably to $1. The price for the following two months in (November, December) had a considerable fall of 67 with regard to the previous two months. The price per sq.feet has had a considerable rise of 42746 % 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 $1.25 to $534.32 during January, and February.
When referring to the price in Mount Vernon (cities), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $2,297. In October This price remains at $2,214. In the following two months the average price has hardly changed with regard to the previous two months from $2,255.5 to $2,214. Based on an analysis of the first four prices and the last two months the average price has increased 114 % 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 $2,558 they are 32 % more affordable than the average price for Mount Vernon . The properties with the highest average price have 3 bedrooms, Their price is 30 % more expensive than the average. After that we have properties with 4 bedrooms priced at $3,292.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $2.17 / sq.feet, with an average $559.25 / sq.feet price in Mount Vernon. The properties with the most expensive average prices have 4 bedrooms. They are 100 % more expensive than the average followed by properties with 3 bedrooms with a price at $970.49 / sq.feet.
With regard to the average price based upon the property in Mount Vernon we can see that the most affordable property type is "House" at a price of $2,351, they are 8 % cheaper than the average price of (!PRECIO2!). "House" has the most affordable price. This price is 8 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $1 / sq.feet. "House" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.