The rent prices in real estate in Sandia, 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 Sandia has had a strong fall during the last 6 months. In August, the average price per sq.feet was $3. In the following month the price per sq.feet fell considerably to $1.09. The price for the following two months in (October, November) had a considerable fall of 58 with regard to the previous two months. The price per sq.feet has had a considerable fall of 69 % 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 $1.62 to $1.12 during December, and January.
When referring to the price in Sandia (cities), this has risen considerably in the last 6 months. The average price during our first sample month during August, is $1,324. During September the price went through a considerable rise reaching $3,167. During the following two months (October, November) the average price fell 94 % 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 135 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $3,215 they are 84 % more affordable than the average price for Sandia . The properties with the lowest average price have 1 bedroom, Their price is 74 % more affordable than the average. After that we have properties with 2 bedrooms priced at $509.
According to average price per property type in Sandia, "" priced at $509 is 84 % lower than the average price ($3,215) in this city.