The rent prices in real estate in Point, 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 Point has had a strong fall during the last 6 months. In September, the average price per sq.feet was $5. In October this price barely changed remaining at $5 per sq.feet. The price for the following two months in (November, December) had a considerable fall of 60 with regard to the previous two months. The price per sq.feet has had a considerable fall of 62 % 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 $4.01 to $2.5 during January, and February.
When referring to the price in Point (cities), this has fallen considerably in the last 6 months. In our first sample month during September, the average price is $17,350. In October This price remains at $17,350. During the following two months (November, December) the average price had a considerable fall of 55 % 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 $13,409.25 to $9,176.5, which means a 68 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most expensive ones. At a price of $1,003 they are 33 % more expensive than the average price for Point. Following this ranking we find those properties with 1 at an average price of $1,332. The properties with the highest average price have 1 bedroom, Their price is 33 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,330.
According to average price per property type in Point, "" priced at $1,330 is 33 % more expensive than the average price ($1,003) in this city.