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 October, the average price per sq.feet was $1.46. In the following month the price per sq.feet fell to $1.27. The price for the following two months in (December, January) had a considerable fall of 83 with regard to the previous two months. The price per sq.feet has had a considerable fall of 80 % 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 $1.25 to $1 during February, and March.
When referring to the price in Somerville (cities), this has fallen in the last 6 months. The rent price in October is $795, rising in November till $895. During the following two months (December, January) the average price fell 90 % 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 $803.5 to $629, which means a 78 % 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 $629 they are 1 % more affordable than the average price for Somerville . The properties with the highest average price have 2 bedrooms, Their price is 15 % more expensive than the average. After that we have properties with 1 bedroom priced at $624.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 300 % more expensive than the average price of ($4 / sq.feet) in Somerville. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 300 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most expensive one. At an cost of $629 it is 14 % more expensive than the average price in Somerville. "House" is seen as the second most expensive property type. The most expensive property type is "House" followed by "". At a price of $719 it is 15 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $4 / sq.feet. "House" at an average price of $4 / sq.feet has the highest price and would be directed at more affluent cities.
