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 July, the average price per sq.feet was $0.99. In the following month the price per sq.feet fell to $0.91. The price for the following two months in (September, October) had a considerable fall of 79 with regard to the previous two months. The price per sq.feet has risen 109 % 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 $0.85 to $0.93 during November, and December.
When referring to the price in Silver City (cities), there have hardly been any changes in the last 6 months. The rent price in July is $767, rising in August till $842. During the following two months (September, October) the price has had an average rise from $804.5 to $896. During the last two months the average price has fallen greatly compared to the previous four going from $850.25 to $680, which means a 80 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $580 they are 3 % more expensive than the average price for Silver City. Following this ranking we find those properties with 2 at an average price of $1,006. The properties with the highest average price have 2 bedrooms, Their price is 73 % more expensive than the average. After that we have properties with 1 bedroom priced at $600.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most expensive ones at a cost of $1.44 / sq.feet, with an average $1.26 / sq.feet price in Silver City. The properties with the most expensive average prices have 2 bedrooms. They are 694 % more expensive than the average followed by properties with 1 bedroom with a price at $1.44 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most expensive one. At an cost of $580 it is 54 % 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 $893 it is 73 % 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 $10 / sq.feet. "House" at an average price of $10 / sq.feet has the highest price and would be directed at more affluent cities.