The rent prices in real estate in Scottsdale, in the Arizona region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Scottsdale has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.71. In the following month the price per sq.feet rose considerably to $2.82. In the following two months the price per sq.feet has practically remained the same, going from $2.27 to $2.36 per sq.feet. The price per sq.feet has had a considerable fall of 73 % 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 $2.31 to $1.69 during March, and April.
When referring to the price in Scottsdale (cities), this has risen considerably in the last 6 months. The average price during our first sample month during November, is $1,755. During December the price went through a considerable rise reaching $2,140. In the following two months the average price has hardly changed with regard to the previous two months from $1,947.5 to $2,023.5. 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 $1,985.5 and $2,010 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 $2,082 they are 27 % more affordable than the average price for Scottsdale . The properties with the highest average price have 4 bedrooms, Their price is 59 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,691.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.41 / sq.feet, with an average $1.67 / sq.feet price in Scottsdale. The properties with the most expensive average prices have 1 bedroom. They are 18 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.73 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $2,082 it is 37 % more affordable than the average price in Scottsdale. "" is seen as the second most affordable property type. The most expensive property type is "Apartment" followed by "Condo". At a price of $2,109 it is 39 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $1 / sq.feet followed by "Apartment" priced at $1.46 / sq.feet. "Duplex" is the most expensive type of property with a $28 / sq.feet value followed by "House" with an average price of $1.84 / sq.feet.