The rent prices in real estate in Palmer, in the Alaska 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 Palmer has risen strongly during the last 6 months. In September, the average price per sq.feet was $0.81. In the following month the price per sq.feet rose considerably to $0.97. The price for the following two months in (November, December) had a considerable rise of 115 %. The price per sq.feet has had a considerable rise of 135 % 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 $0.96 to $1.29 during January, and February.
When referring to the price in Palmer (cities), this has risen considerably in the last 6 months. The average price during our first sample month during September, is $1,053. During October the price went through a considerable rise reaching $1,211. During the following two months (November, December) the average price had a considerable rise of 122 % 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 119 % 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 $1,531 they are 41 % more affordable than the average price for Palmer . The properties with the highest average price have 4 bedrooms, Their price is 21 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,350.
With regard to the average prices per sq.feet those properties with 1 bedroom are 25 % more affordable than the average price of ($1 / sq.feet) in Palmer. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 25 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,531 it is 19 % more affordable than the average price in Palmer. "" is seen as the second most affordable property type. The most expensive property type is "" followed by "Townhouse". At a price of $1,240 it is 7 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "Townhouse with an average cost of $7 / sq.feet. "Townhouse" at an average price of $7 / sq.feet has the highest price and would be directed at more affluent cities.