The rent prices in real estate in Silver City, in the New Mexico 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 Silver City has fallen during the last 6 months. In March, the average price per sq.feet was $0.83. In the following month the price per sq.feet fell considerably to $0.5. In the following two months the price per sq.feet has risen 108 %, going from $0.67 to $0.72 per sq.feet. The price per sq.feet has had a considerable rise of 137 % 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 $0.69 to $0.95 during July, and August.
When referring to the price in Silver City (cities), there have hardly been any changes in the last 6 months. The average price for March is $763. During April the price had a considerable fall till $575. During the following two months (May, June) the price has had an average rise from $669 to $726. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 115 % 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 $842 they are 19 % more affordable than the average price for Silver City . The properties with the highest average price have 2 bedrooms, Their price is 20 % more expensive than the average. After that we have properties with 1 bedroom priced at $686.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most expensive ones at a cost of $1 / sq.feet, with an average $0.91 / sq.feet price in Silver City. The properties with the most expensive average prices have 2 bedrooms. They are 1438 % more expensive than the average followed by properties with 1 bedroom with a price at $1 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most expensive one. At an cost of $842 it is 7 % more expensive than the average price in Silver City. "House" is seen as the second most expensive property type. The most expensive property type is "House" followed by "". At a price of $897 it is 20 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $14 / sq.feet. "House" at an average price of $14 / sq.feet has the highest price and would be directed at more affluent cities.