The rent prices in real estate in Pike Road, in the Alabama 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 Pike Road has had a strong fall during the last 6 months. In April, the average price per sq.feet was $0.81. In May this price barely changed remaining at $0.79 per sq.feet. The price for the following two months in (June, July) had a considerable fall of 52 with regard to the previous two months. The price per sq.feet has had a considerable rise of 137 % 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 $0.61 to $0.83 during August, and September.
When referring to the price in Pike Road (cities), this has risen in the last 6 months. In our first sample month during April, the average price is $1,042. In May This price remains at $1,015. During the following two months (June, July) the price has had an average rise from $1,028.5 to $1,085.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 122 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,536 they are 38 % more affordable than the average price for Pike Road . The properties with the lowest average price have 3 bedrooms, Their price is 17 % more affordable than the average. After that we have properties with 4 bedrooms priced at $1,187.
With regard to the average prices per sq.feet those properties with 4 bedrooms are 1624 % more expensive than the average price of ($15 / sq.feet) in Pike Road. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 4 bedrooms. They are 1624 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,536 it is 35 % more affordable than the average price in Pike Road. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "". At a price of $993 it is 23 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $15 / sq.feet. "House" at an average price of $15 / sq.feet has the highest price and would be directed at more affluent cities.