The rent prices in real estate in Raeford, in the North Carolina 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 Raeford has had a strong fall during the last 6 months. In May, the average price per sq.feet was $3.9. In the following month the price per sq.feet fell considerably to $0.77. The price for the following two months in (July, August) had a considerable fall of 30 with regard to the previous two months. The price per sq.feet has had a considerable fall of 46 % 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 $1.52 to $0.69 during September, and October.
When referring to the price in Raeford (cities), there have hardly been any changes in the last 6 months. In our first sample month during May, the average price is $1,240. In June This price remains at $1,191. In the following two months the average price has hardly changed with regard to the previous two months from $1,215.5 to $1,202. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,208.75 and $1,153.5 between September and October.
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 $1,071 they are 3 % more expensive than the average price for Raeford. Following this ranking we find those properties with 1 at an average price of $1,106. The properties with the highest average price have 1 bedroom, Their price is 3 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,105.
According to average price per property type in Raeford, "" priced at $1,105 is 3 % more expensive than the average price ($1,071) in this city.