The rent prices in real estate in Nacogdoches, in the Texas 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 Nacogdoches has had a strong fall during the last 6 months. In June, the average price per sq.feet was $6.38. In the following month the price per sq.feet rose considerably to $7.86. The price for the following two months in (August, September) had a considerable fall of 12 with regard to the previous two months. The price per sq.feet has had a considerable fall of 24 % 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 $3.99 to $0.96 during October, and November.
When referring to the price in Nacogdoches (cities), there have hardly been any changes in the last 6 months. In our first sample month during June, the average price is $748. In July This price remains at $771. In the following two months the average price has hardly changed with regard to the previous two months from $759.5 to $742. Based on an analysis of the first four prices and the last two months the average price has increased 107 % 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 $850 they are 10 % more affordable than the average price for Nacogdoches . The properties with the highest average price have 3 bedrooms, Their price is 32 % more expensive than the average. After that we have properties with 2 bedrooms priced at $838.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $0.89 / sq.feet, with an average $0.97 / sq.feet price in Nacogdoches. The properties with the most expensive average prices have 1 bedroom. They are 11 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.94 / sq.feet.
According to average price per property type in Nacogdoches, "" priced at $816 is 4 % lower than the average price ($850) in this city.