The rent prices in real estate in Parachute, in the Colorado 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 Parachute has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.06. In the following month the price per sq.feet fell considerably to . The price for the following two months in (December, January) had a considerable rise of 189 %. The price per sq.feet has had a considerable rise of 131 % 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 $0.76 to $1 during February, and March.
When referring to the price in Parachute (cities), this has fallen in the last 6 months. The average price for October is $1,838. During November the price had a considerable fall till $1,346. During the following two months (December, January) the average price had a considerable rise of 118 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 93 %, going from $1,732.5 to $1,612 in February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,838 they are 40 % more affordable than the average price for Parachute . The properties with the lowest average price have 1 bedroom, Their price is 39 % more affordable than the average. After that we have properties with 4 bedrooms priced at $1,109.
According to average price per property type in Parachute, "" priced at $1,109 is 40 % lower than the average price ($1,838) in this city.