The rent prices in real estate in Sandia, in the Texas 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 Sandia has risen strongly during the last 6 months. In January, the average price per sq.feet was $9.73. In the following month the price per sq.feet fell considerably to $7.93. In the following two months the price per sq.feet has practically remained the same, going from $8.83 to $8.78 per sq.feet. The price per sq.feet has had a considerable rise of 182 % 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 $8.81 to $15.99 during May, and June.
When referring to the price in Sandia (cities), there have hardly been any changes in the last 6 months. In our first sample month during January, the average price is $756. In February This price remains at $744. During the following two months (March, April) the price has had an average rise from $750 to $828.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 86 %, going from $789.25 to $681 in May and June.
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 $633 they are 16 % more affordable than the average price for Sandia . The properties with the highest average price have 1 bedroom, Their price is 26 % more expensive than the average. After that we have properties with 2 bedrooms priced at $529.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $17.98 / sq.feet price in Sandia. The properties with the most affordable average prices have 1 bedroom. They are 44 % more affordable than the average followed by properties with 2 bedrooms with a price at $1 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $633 it is 18 % more affordable than the average price in Sandia. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "". At a price of $521 it is 16 % more affordable than the average price.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $1 / sq.feet. "House" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.