The rent prices in real estate in Somerton, 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 Somerton has had a strong fall during the last 6 months. In September, the average price per sq.feet was $1.29. In the following month the price per sq.feet rose to $1.36. The price for the following two months in (November, December) had a considerable fall of 72 with regard to the previous two months. The price per sq.feet has had a considerable fall of 69 % 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 $1.14 to $0.78 during January, and February.
When referring to the price in Somerton (cities), this has fallen considerably in the last 6 months. In our first sample month during September, the average price is $1,925. In October This price remains at $1,944. During the following two months (November, December) the average price had a considerable fall of 73 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $1,675.25 to $937.5, which means a 56 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 7 % more expensive than the average price of $867 in Somerton. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 7 % more expensive than the average aforementioned.
According to average price per property type in Somerton, "" priced at $867 is 7 % more expensive than the average price ($809) in this city.