The rent prices in real estate in Smithville, 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 Smithville has had a strong fall during the last 6 months. In May, the average price per sq.feet was $1. In June this price barely changed remaining at $1 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1 to $1.03 per sq.feet. The price per sq.feet has had a considerable fall of 49 % 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 $1.01 to $0.5 during September, and October.
When referring to the price in Smithville (cities), this has risen in the last 6 months. The rent price in May is $1,261, rising in June till $1,388. During the following two months (July, August) the average price had a considerable fall of 84 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 125 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 1 % more expensive than the average price of $1,550 in Smithville. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 1 % more expensive than the average aforementioned.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,534 it is 8 % more affordable than the average price in Smithville. "" is seen as the second most affordable property type. The most expensive property type is "" followed by "Townhouse". At a price of $1,413 it is 1 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "Townhouse with an average cost of $1 / sq.feet. "Townhouse" at an average price of $1 / sq.feet has the highest price and would be directed at more affluent cities.