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 October, the average price per sq.feet was $6.07. In the following month the price per sq.feet rose to $6.93. The price for the following two months in (December, January) had a considerable fall of 23 with regard to the previous two months. The price per sq.feet has had a considerable rise of 146 % 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 $4.01 to $5.86 during February, and March.
When referring to the price in Sandpoint (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during October, is $11,079. During November the price went through a considerable rise reaching $13,079. During the following two months (December, January) the average price had a considerable fall of 15 % 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 increased 111 % during the last two months.
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 $13,706 they are 95 % more affordable than the average price for Sandpoint . The properties with the lowest average price have 2 bedrooms, Their price is 93 % more affordable than the average. After that we have properties with 1 bedroom priced at $685.
With regard to the average prices per sq.feet those properties with 1 bedroom are 81 % more affordable than the average price of ($2 / sq.feet) in Sandpoint. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 81 % more affordable than the average value aforementioned.
According to average price per property type in Sandpoint, "" priced at $901 is 93 % lower than the average price ($13,706) in this city.