The rent prices in real estate in Piedmont, in the Oklahoma 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 Piedmont has had a strong fall during the last 6 months. In January, the average price per sq.feet was $6.5. In the following month the price per sq.feet fell considerably to $0.85. The price for the following two months in (March, April) had a considerable fall of 24 with regard to the previous two months. The price per sq.feet has fallen 86 % 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 $2.28 to $1.97 during May, and June.
When referring to the price in Piedmont (cities), this has risen in the last 6 months. The rent price in January is $1,307, rising in February till $1,404. In the following two months the average price has hardly changed with regard to the previous two months from $1,355.5 to $1,336. Based on an analysis of the first four prices and the last two months the average price has increased 108 % 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 $1,452 they are 11 % more affordable than the average price for Piedmont . The properties with the lowest average price have 1 bedroom, Their price is 1 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,297.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most expensive ones at a cost of $1 / sq.feet, with an average $0.93 / sq.feet price in Piedmont. The properties with the most expensive average prices have 2 bedrooms. They are 115 % more expensive than the average followed by properties with 1 bedroom with a price at $1 / sq.feet.
With regard to the average price based upon the property in Piedmont we can see that the most affordable property type is "House" at a price of $1,297, they are 11 % cheaper than the average price of (!PRECIO2!). "House" has the most affordable price. This price is 11 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $2 / sq.feet. "House" at an average price of $2 / sq.feet has the highest price and would be directed at more affluent cities.