The rent prices in real estate in Snowflake, in the Arizona 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 Snowflake has had a strong fall during the last 6 months. In June, the average price per sq.feet was $52. In July this price barely changed remaining at $54 per sq.feet. The price for the following two months in (August, September) had a considerable fall of 50 with regard to the previous two months. The price per sq.feet has had a considerable fall of 39 % 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 $39.75 to $15.68 during October, and November.
When referring to the price in Snowflake (cities), this has risen in the last 6 months. In our first sample month during June, the average price is $1,110. In July This price remains at $1,147. In the following two months the average price has hardly changed with regard to the previous two months from $1,128.5 to $1,132. Based on an analysis of the first four prices and the last two months the average price has increased 112 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 28 % more affordable than the average price of $1,099 in Snowflake. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 28 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 2122 % more expensive than the average price of ($30 / sq.feet) in Snowflake. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 2122 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,517 it is 47 % more affordable than the average price in Snowflake. "Apartment" is seen as the second most affordable property type. The most affordable property is "House" followed by "Apartment". At a price of $1,069 it is 28 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Apartment" at an average price of $15 / sq.feet followed by "House" priced at $30 / sq.feet. "House" is the most expensive type of property with a $30 / sq.feet value followed by "Apartment" with an average price of $15 / sq.feet.