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 March, the average price per sq.feet was $1.79. In April this price barely changed remaining at $1.74 per sq.feet. The price for the following two months in (May, June) had a considerable fall of 84 with regard to the previous two months. The price per sq.feet has had a considerable fall of 62 % 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 during July, and August.
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 March, is $2,475. During April the price went through a considerable rise reaching $2,925. During the following two months (May, June) the price has had an average rise from $2,700 to $2,865. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 118 % 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 $3,363 they are 85 % more affordable than the average price for Sandia . The properties with the lowest average price have 1 bedroom, Their price is 75 % more affordable than the average. After that we have properties with 2 bedrooms priced at $507.
According to average price per property type in Sandia, "" priced at $507 is 85 % lower than the average price ($3,363) in this city.