The rent prices in real estate in Sierra Vista, in the Arizona region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Sierra Vista has fallen during the last 6 months. In August, the average price per sq.feet was $1.01. In September this price barely changed remaining at $0.98 per sq.feet. The price for the following two months in (October, November) fell 87 % with regard to the previous two months. The price per sq.feet has fallen 92 % 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 $0.93 to $0.86 during December, and January.
When referring to the price in Sierra Vista (cities), this has risen in the last 6 months. The rent price in August is $993, rising in September till $1,043. During the following two months (October, November) the price has had an average rise from $1,018 to $1,118. Based on an analysis of the first four prices and the last two months the average price has increased 105 % 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 $1,076 they are 27 % more affordable than the average price for Sierra Vista . The properties with the highest average price have 4 bedrooms, Their price is 55 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,152.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $0.83 / sq.feet, with an average $0.88 / sq.feet price in Sierra Vista. The properties with the most expensive average prices have 1 bedroom. They are 48 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.91 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,076 it is 24 % more affordable than the average price in Sierra Vista. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $967 it is 12 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $0.77 / sq.feet followed by "Apartment" priced at $1.12 / sq.feet. "Condo" is the most expensive type of property with a $7 / sq.feet value followed by "Apartment" with an average price of $1.12 / sq.feet.