The rent prices in real estate in Snowmass, in the Colorado region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Snowmass has risen strongly during the last 6 months. In February, the average price per sq.feet was $7.09. In the following month the price per sq.feet rose considerably to $8.32. In the following two months the price per sq.feet has risen 114 %, going from $7.7 to $8.81 per sq.feet. The price per sq.feet has risen 108 % 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 $8.26 to $8.95 during June, and July.
When referring to the price in Snowmass (cities), this has risen considerably in the last 6 months. In our first sample month during February, the average price is $32,786. In March This price remains at $33,786. During the following two months (April, May) the average price had a considerable rise of 138 % 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 increased 111 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $37,100 they are 91 % more affordable than the average price for Snowmass . The properties with the lowest average price have 1 bedroom, Their price is 91 % more affordable than the average. After that we have properties with 2 bedrooms priced at $3,256.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $41 / sq.feet, with an average $8.54 / sq.feet price in Snowmass. The properties with the most expensive average prices have 1 bedroom. They are 439 % more expensive than the average followed by properties with 2 bedrooms with a price at $41 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $37,100 it is 91 % more affordable than the average price in Snowmass. "Condo" is seen as the second most affordable property type. The most affordable property is "Condo" followed by "House". At a price of $3,256 it is 70 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $41 / sq.feet followed by "Condo" priced at $293 / sq.feet. "Condo" is the most expensive type of property with a $293 / sq.feet value followed by "House" with an average price of $41 / sq.feet.