The rent prices in real estate in Oracle, in the Arizona 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 Oracle has risen strongly during the last 6 months. In April, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to . The price for the following two months in (June, July) had a considerable rise of 2147483647 %. The price per sq.feet has had a considerable fall of 11 % 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 $8.75 to $0.99 during August, and September.
When referring to the price in Oracle (cities), this has risen considerably in the last 6 months. In our first sample month during April, the average price is $381. In May This price remains at $381. During the following two months (June, July) the average price had a considerable rise of 523 % 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 270 % 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 $3,179 they are 61 % more affordable than the average price for Oracle . The properties with the highest average price have 2 bedrooms, Their price is 15 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,570.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1.37 / sq.feet, with an average $1.97 / sq.feet price in Oracle. The properties with the most expensive average prices have 3 bedrooms. They are 3403 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.16 / sq.feet.
The graph displaying the average rent prices displays the property type "Office" as the most affordable one. At an cost of $3,179 it is 59 % more affordable than the average price in Oracle. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Office". At a price of $1,306 it is 51 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Office" at an average price of $53 / sq.feet followed by "House" priced at $69 / sq.feet. "House" is the most expensive type of property with a $69 / sq.feet value followed by "Office" with an average price of $53 / sq.feet.