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 February, the average price per sq.feet was $18.64. In the following month the price per sq.feet fell considerably to $13. The price for the following two months in (April, May) had a considerable rise of 142 %. The price per sq.feet has had a considerable rise of 160 % 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 $19.16 to $30.69 during June, and July.
When referring to the price in Sandia (cities), this has fallen considerably in the last 6 months. The average price for February is $1,333. During March the price had a considerable fall till $849. During the following two months (April, May) the average price had a considerable fall of 78 % 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 $973 to $685.5, which means a 70 % fall.
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 $660 they are 18 % more affordable than the average price for Sandia . The properties with the highest average price have 1 bedroom, Their price is 21 % more expensive than the average. After that we have properties with 2 bedrooms priced at $540.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $12 / sq.feet, with an average $20.39 / sq.feet price in Sandia. The properties with the most affordable average prices have 1 bedroom. They are 7 % more affordable than the average followed by properties with 2 bedrooms with a price at $12 / sq.feet.
The graph displaying the average rent prices displays the property type "Commercial Property" as the most affordable one. At an cost of $660 it is 19 % 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 "Commercial Property". At a price of $532 it is 18 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "Commercial Property" at an average price of $4 / sq.feet followed by "House" priced at $12 / sq.feet. "House" is the most affordable type of property with a $12 / sq.feet value followed by "Commercial Property" with an average price of $4 / sq.feet.