The rent prices in real estate in Santa Fe, 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 Santa Fe has had a strong fall during the last 6 months. In April, the average price per sq.feet was $9. In May this price barely changed remaining at $9 per sq.feet. The price for the following two months in (June, July) had a considerable fall of 67 with regard to the previous two months. The price per sq.feet has had a considerable fall of 6 % 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 $7.53 to $0.49 during August, and September.
When referring to the price in Santa Fe (cities), there have hardly been any changes in the last 6 months. In our first sample month during April, the average price is $1,477. In May This price remains at $1,477. In the following two months the average price has hardly changed with regard to the previous two months from $1,477 to $1,476. 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 $1,476.5 and $1,465 between August and September.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 1 % more expensive than the average price of $1,405 in Santa Fe. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 1 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 3921 % more expensive than the average price of ($39 / sq.feet) in Santa Fe. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 3921 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $1,391 it is 1 % more affordable than the average price in Santa Fe. "House" is seen as the second most affordable property type. The most expensive property type is "Land" followed by "Mobile Home". At a price of $1,443 it is 4 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Mobile Home" at an average price of $27 / sq.feet followed by "Condo" priced at $28 / sq.feet. "House" is the most expensive type of property with a $39 / sq.feet value followed by "Land" with an average price of $32 / sq.feet.