The rent prices in real estate in Sandpoint, in the Idaho 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 Sandpoint has had a strong fall during the last 6 months. In June, the average price per sq.feet was $15. In the following month the price per sq.feet fell considerably to $1.16. The price for the following two months in (August, September) had a considerable fall of 6 with regard to the previous two months. The price per sq.feet has had a considerable fall of 18 % 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 $4.29 to $0.76 during October, and November.
When referring to the price in Sandpoint (cities), this has fallen in the last 6 months. In our first sample month during June, the average price is $1,658. In July This price remains at $1,698. During the following two months (August, September) the average price fell 95 % 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 $1,634.75 to $1,359, which means a 83 % 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 $1,400 they are 50 % more affordable than the average price for Sandpoint . The properties with the lowest average price have 2 bedrooms, Their price is 31 % more affordable than the average. After that we have properties with 1 bedroom priced at $695.
With regard to the average prices per sq.feet those properties with 1 bedroom are 684 % more expensive than the average price of ($12 / sq.feet) in Sandpoint. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 684 % more expensive than the average value aforementioned.
According to average price per property type in Sandpoint, "" priced at $911 is 35 % lower than the average price ($1,400) in this city.