Property prices for rent in Somerville (Texas)
The rent prices in real estate in Somerville, in the Texas 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 Somerville has had a strong fall during the last 6 months. In March, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $1.35. The price for the following two months in (May, June) had a considerable rise of 115 %. 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 $1.26 to during July, and August.
When referring to the price in Somerville (cities), this has risen considerably in the last 6 months. The average price during our first sample month during March, is $629. During April the price went through a considerable rise reaching $941. During the following two months (May, June) the price has had an average rise from $785 to $892. During the last two months the average price has fallen greatly compared to the previous four going from $838.5 to $628, which means a 75 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $628 they are 1 % more affordable than the average price for Somerville . The properties with the highest average price have 2 bedrooms, Their price is 14 % more expensive than the average. After that we have properties with 1 bedroom priced at $619.
According to average price per property type in Somerville, "" priced at $718 is 14 % more expensive than the average price ($628) in this city.
