The rent prices in real estate in Murphy, in the North Carolina 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 Murphy has risen strongly during the last 6 months. In July, the average price per sq.feet was $8. In the following month the price per sq.feet fell considerably to $0.87. The price for the following two months in (September, October) had a considerable rise of 631 %. 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 $16.22 to during November, and December.
When referring to the price in Murphy (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during July, is $1,029. During August the price went through a considerable rise reaching $1,188. During the following two months (September, October) the average price fell 94 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 93 %, going from $1,073.25 to $998.5 in November and December.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 0 % more affordable than the average price of $1,018 in Murphy. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $1,018 it is 16 % more affordable than the average price in Murphy. "" is seen as the second most affordable property type. The most affordable property is "" followed by "Land". At a price of $856 it is 0 % more affordable 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 $5 / sq.feet. "Land" at an average price of $5 / sq.feet has the highest price and would be directed at more affluent cities.