The rent prices in real estate in Sedalia, in the Missouri 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 Sedalia has had a strong fall during the last 6 months. In November, the average price per sq.feet was $6.06. In the following month the price per sq.feet fell considerably to $1.09. The price for the following two months in (January, February) had a considerable fall of 27 with regard to the previous two months. The price per sq.feet has had a considerable fall of 41 % 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 $2.27 to $0.94 during March, and April.
When referring to the price in Sedalia (cities), this has fallen considerably in the last 6 months. The average price for November is $6,658. During December the price had a considerable fall till $1,119. During the following two months (January, February) the average price had a considerable fall of 31 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $2,550.5 to $1,162, which means a 46 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,183 they are 50 % more affordable than the average price for Sedalia . The properties with the highest average price have 3 bedrooms, Their price is 57 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,121.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most expensive ones at a cost of $1.05 / sq.feet, with an average $0.99 / sq.feet price in Sedalia. The properties with the most expensive average prices have 2 bedrooms. They are 24 % more expensive than the average followed by properties with 1 bedroom with a price at $1.05 / sq.feet.
According to average price per property type in Sedalia, "" priced at $594 is 50 % lower than the average price ($1,183) in this city.