The rent prices in real estate in Saint Clair Shores, in the Michigan region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Saint Clair Shores has risen strongly during the last 6 months. In April, the average price per sq.feet was $1.24. In the following month the price per sq.feet rose considerably to $2.88. The price for the following two months in (June, July) had a considerable rise of 138 %. The price per sq.feet has had a considerable fall of 51 % 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 $2.45 to $1.24 during August, and September.
When referring to the price in Saint Clair Shores (cities), this has risen considerably in the last 6 months. The average price during our first sample month during April, is $1,213. During May the price went through a considerable rise reaching $11,593. During the following two months (June, July) the average price had a considerable rise of 129 % 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 $7,327.25 to $1,278, which means a 17 % fall.
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 $1,293 they are 31 % more affordable than the average price for Saint Clair Shores . The properties with the highest average price have 3 bedrooms, Their price is 8 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,082.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.13 / sq.feet, with an average $1.25 / sq.feet price in Saint Clair Shores. The properties with the most expensive average prices have 3 bedrooms. They are 1467 % more expensive than the average followed by properties with 4 bedrooms with a price at $4 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,293 it is 20 % more affordable than the average price in Saint Clair Shores. "House" is seen as the second most affordable property type. The most affordable property is "Commercial" followed by "House". At a price of $1,046 it is 17 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $4 / sq.feet followed by "Commercial" priced at $32 / sq.feet. "Commercial" is the most expensive type of property with a $32 / sq.feet value followed by "House" with an average price of $4 / sq.feet.