The rent prices in real estate in Petoskey, in the Michigan 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 Petoskey has risen strongly during the last 6 months. In April, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to . The price for the following two months in (June, July) had a considerable rise of 0 %. The price per sq.feet has had a considerable rise of 2147483647 % 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 to $0.84 during August, and September.
When referring to the price in Petoskey (cities), this has fallen considerably in the last 6 months. In our first sample month during April, the average price is $1,118. In May This price remains at $1,118. During the following two months (June, July) the average price fell 88 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $1,051.25 to $558.5, which means a 53 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $577 they are 20 % more expensive than the average price for Petoskey. Following this ranking we find those properties with 2 at an average price of $1,049. The properties with the highest average price have 2 bedrooms, Their price is 82 % more expensive than the average. After that we have properties with 1 bedroom priced at $695.
With regard to the average prices per sq.feet those properties with 1 bedroom are 32 % more expensive than the average price of ($1.21 / sq.feet) in Petoskey. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 32 % more expensive than the average value aforementioned.
According to average price per property type in Petoskey, "" priced at $1,049 is 82 % more expensive than the average price ($577) in this city.