The rent prices in real estate in Santa Fe, in the Texas region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Santa Fe has barely changed in the last 6 months. In February, the average price per sq.feet was $0.85. In March this price barely changed remaining at $0.81 per sq.feet. The price for the following two months in (April, May) had a considerable fall of 70 with regard to the previous two months. The price per sq.feet has had a considerable rise of 158 % 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 $0.7 to $1.12 during June, and July.
When referring to the price in Santa Fe (cities), this has risen considerably in the last 6 months. In our first sample month during February, the average price is $1,043. In March This price remains at $1,040. During the following two months (April, May) the average price had a considerable rise of 117 % 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 114 % 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 $1,071 they are 30 % more affordable than the average price for Santa Fe . The properties with the highest average price have 2 bedrooms, Their price is 29 % more expensive than the average. After that we have properties with 1 bedroom priced at $750.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most expensive ones at a cost of $2.14 / sq.feet, with an average $1.32 / sq.feet price in Santa Fe. The properties with the most expensive average prices have 2 bedrooms. They are 2097 % more expensive than the average followed by properties with 1 bedroom with a price at $2.14 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most expensive one. At an cost of $1,071 it is 27 % more expensive than the average price in Santa Fe. "House" is seen as the second most expensive property type. The most expensive property type is "Land" followed by "Mobile Home". At a price of $1,423 it is 34 % 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 $17 / sq.feet followed by "Condo" priced at $18 / sq.feet. "House" is the most expensive type of property with a $29 / sq.feet value followed by "Land" with an average price of $22 / sq.feet.