The rent prices in real estate in Oracle, in the Arizona 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 Oracle has had a strong fall during the last 6 months. In January, the average price per sq.feet was $2.29. In the following month the price per sq.feet fell to $2.13. The price for the following two months in (March, April) had a considerable fall of 71 with regard to the previous two months. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.88 to $1.89 during May y June
When referring to the price in Oracle (cities), this has fallen in the last 6 months. The rent price in January is $3,280, rising in February till $3,583. During the following two months (March, April) the average price had a considerable fall of 70 % 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 increased 113 % 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 $3,025 they are 60 % more affordable than the average price for Oracle . The properties with the highest average price have 2 bedrooms, Their price is 20 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,552.
With regard to the average prices per sq.feet those properties with 3 bedrooms are 3271 % more expensive than the average price of ($60 / sq.feet) in Oracle. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 3 bedrooms. They are 3271 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Office" as the most affordable one. At an cost of $3,025 it is 57 % 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 $1,288 it is 49 % 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 $44 / sq.feet followed by "House" priced at $60 / sq.feet. "House" is the most expensive type of property with a $60 / sq.feet value followed by "Office" with an average price of $44 / sq.feet.