The rent prices in real estate in Redmond, in the Washington region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Redmond has risen during the last 6 months. In August, the average price per sq.feet was $5.41. In the following month the price per sq.feet fell considerably to $2.42. The price for the following two months in (October, November) had a considerable fall of 56 with regard to the previous two months. The price per sq.feet has had a considerable rise of 388 % 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 $3.06 to $11.89 during December, and January.
When referring to the price in Redmond (cities), there have hardly been any changes in the last 6 months. In our first sample month during August, the average price is $2,144. In September This price remains at $2,101. In the following two months the average price has hardly changed with regard to the previous two months from $2,122.5 to $2,112. 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 $2,117.25 and $2,114.5 between December and January.
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 $2,149 they are 20 % more affordable than the average price for Redmond . The properties with the highest average price have 4 bedrooms, Their price is 142 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,857.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.68 / sq.feet, with an average $16.14 / sq.feet price in Redmond. The properties with the most affordable average prices have 1 bedroom. They are 85 % more affordable than the average followed by properties with 2 bedrooms with a price at $2.26 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,149 it is 16 % more affordable than the average price in Redmond. "Condo" is seen as the second most affordable property type. The most expensive property type is "" followed by "Condo". At a price of $2,080 it is 0 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $2.1 / sq.feet followed by "House" priced at $11.73 / sq.feet. "House" is the most affordable type of property with a $11.73 / sq.feet value followed by "Condo" with an average price of $2.1 / sq.feet.