The rent prices in real estate in Parsons, in the Kansas 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 Parsons has had a strong fall during the last 6 months. In July, the average price per sq.feet was $5. In August this price barely changed remaining at $5 per sq.feet. The price for the following two months in (September, October) fell 90 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 48 % 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 $4.75 to $2.3 during November, and December.
When referring to the price in Parsons (cities), this has risen in the last 6 months. In our first sample month during July, the average price is $574. In August This price remains at $574. In the following two months the average price has hardly changed with regard to the previous two months from $574 to $568. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 116 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $750 they are 51 % more affordable than the average price for Parsons . The properties with the lowest average price have 2 bedrooms, Their price is 23 % more affordable than the average. After that we have properties with 1 bedroom priced at $451.
According to average price per property type in Parsons, "" priced at $366 is 51 % lower than the average price ($750) in this city.