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 November, the average price per sq.feet was $1.96. In the following month the price per sq.feet fell to $1.86. The price for the following two months in (January, February) had a considerable fall of 40 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 $1.34 to $1.95 during March, and April.
When referring to the price in Sandpoint (cities), there have hardly been any changes in the last 6 months. The average price for November is $2,406. During December the price had a slight fall till $2,278. During the following two months (January, February) the price has had an average rise from $2,342 to $2,488.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $2,415.25 and $2,469.5 between March and April.
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 $1,864 they are 63 % more affordable than the average price for Sandpoint . The properties with the lowest average price have 2 bedrooms, Their price is 48 % more affordable than the average. After that we have properties with 1 bedroom priced at $686.
With regard to the average prices per sq.feet those properties with 1 bedroom are 84 % more expensive than the average price of ($3 / 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 84 % more expensive than the average value aforementioned.
According to average price per property type in Sandpoint, "" priced at $902 is 52 % lower than the average price ($1,864) in this city.