The rent prices in real estate in New Waverly, 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 New Waverly has had a strong fall during the last 6 months. In December, the average price per sq.feet was $62. In January this price barely changed remaining at $62 per sq.feet. The price for the following two months in (February, March) had a considerable fall of 1 with regard to the previous two months. The price per sq.feet has had a considerable rise of 196 % 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 $31.18 to $61 during April, and May.
When referring to the price in New Waverly (cities), this has fallen considerably in the last 6 months. In our first sample month during December, the average price is $1,376. In January This price remains at $1,376. During the following two months (February, March) the average price had a considerable fall of 32 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 152 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,374 they are 2 % more affordable than the average price for New Waverly . The properties with the lowest average price have 1 bedroom, Their price is 2 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,348.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $48 / sq.feet, with an average $61 / sq.feet price in New Waverly. The properties with the most affordable average prices have 1 bedroom. They are 20 % more affordable than the average followed by properties with 2 bedrooms with a price at $48 / sq.feet.
With regard to the average price based upon the property in New Waverly we can see that the most affordable property type is "Land" at a price of $1,346, they are 2 % cheaper than the average price of (!PRECIO2!). "Land" has the most affordable price. This price is 2 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most affordable property type is "Land with an average cost of $47 / sq.feet. "Land" with an average price of $47 / sq.feet has the most affordable price and would be directed at less affluent cities.