The rent prices in real estate in Pacific, in the Missouri 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 Pacific has had a strong fall during the last 6 months. In September, the average price per sq.feet was $16. In the following month the price per sq.feet fell considerably to $0.89. The price for the following two months in (November, December) had a considerable fall of 11 with regard to the previous two months. The price per sq.feet has had a considerable fall of 23 % 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 $4.69 to $1.1 during January, and February.
When referring to the price in Pacific (cities), this has risen considerably in the last 6 months. The rent price in September is $779, rising in October till $835. During the following two months (November, December) the average price had a considerable rise of 143 % 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 128 % 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 $1,650 they are 69 % more affordable than the average price for Pacific . The properties with the highest average price have 4 bedrooms, Their price is 268 % more expensive than the average. After that we have properties with 3 bedrooms priced at $994.
With regard to the average prices per sq.feet those properties with 1 bedroom are 279 % more expensive than the average price of ($5 / sq.feet) in Pacific. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 279 % more expensive than the average value aforementioned.
According to average price per property type in Pacific, "" priced at $1,603 is 3 % lower than the average price ($1,650) in this city.