The rent prices in real estate in Murphy, in the North Carolina 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 Murphy has had a strong fall during the last 6 months. In March, the average price per sq.feet was $27. In April this price barely changed remaining at $27 per sq.feet. The price for the following two months in (May, June) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable fall of 22 % 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 $13.5 to $3 during July, and August.
When referring to the price in Murphy (cities), this has fallen in the last 6 months. In our first sample month during March, the average price is $1,036. In April This price remains at $1,036. In the following two months the average price has hardly changed with regard to the previous two months from $1,036 to $997. During the last two months the average price has fallen greatly compared to the previous four going from $1,016.5 to $805.5, which means a 79 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 68 % more expensive than the average price of $982 in Murphy. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 68 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 2147483647 % more expensive than the average price of ($25 / sq.feet) in Murphy. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 2147483647 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Land" as the most expensive one. At an cost of $586 it is 68 % more expensive than the average price in Murphy. "" is seen as the second most expensive property type. The most expensive property type is "" followed by "Land". At a price of $982 it is 73 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "Land with an average cost of $25 / sq.feet. "Land" at an average price of $25 / sq.feet has the highest price and would be directed at more affluent cities.