The rent prices in real estate in Pipe Creek, in the Texas 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 Pipe Creek has had a strong fall during the last 6 months. In November, the average price per sq.feet was $300.93. In the following month the price per sq.feet fell considerably to $1.07. The price for the following two months in (January, February) had a considerable fall of 1 with regard to the previous two months. The price per sq.feet has had a considerable fall of 2 % 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 $76.08 to $1.4 during March, and April.
When referring to the price in Pipe Creek (cities), this has risen considerably in the last 6 months. The average price for November is $1,810. During December the price had a slight fall till $1,572. During the following two months (January, February) the average price had a considerable rise of 117 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 142 % 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 $2,748 they are 64 % more affordable than the average price for Pipe Creek . The properties with the lowest average price have 2 bedrooms, Their price is 42 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,193.
According to average price per property type in Pipe Creek, "" priced at $1,000 is 64 % lower than the average price ($2,748) in this city.