The rent prices in real estate in Socorro, in the New Mexico 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 Socorro has risen strongly during the last 6 months. In July, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to . The price for the following two months in (September, October) had a considerable rise of 2147483647 %. The price per sq.feet has had a considerable fall of 0 % 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 to during November, and December.
When referring to the price in Socorro (cities), there have hardly been any changes in the last 6 months. In our first sample month during July, the average price is $1,013. In August This price remains at $981. In the following two months the average price has hardly changed with regard to the previous two months from $997 to $1,041.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 92 %, going from $1,019.25 to $936.5 in November and December.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 11 % more expensive than the average price of $904 in Socorro. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 11 % more expensive than the average aforementioned.
According to average price per property type in Socorro, "" priced at $790 is 3 % lower than the average price ($815) in this city.