The rent prices in real estate in Spencer, in the Tennessee 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 Spencer has had a strong fall during the last 6 months. In September, the average price per sq.feet was $21. In the following month the price per sq.feet fell considerably to $0.26. In the following two months the price per sq.feet has practically remained the same, going from $10.63 to $10.19 per sq.feet. The price per sq.feet has had a considerable rise of 192 % 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 $10.41 to $20 during January, and February.
When referring to the price in Spencer (cities), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $1,092. In October This price remains at $1,099. During the following two months (November, December) the average price fell 87 % 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 106 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 3 % more affordable than the average price of $1,058 in Spencer. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 3 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 80 % more affordable than the average price of ($4 / sq.feet) in Spencer. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 80 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,090 it is 4 % more affordable than the average price in Spencer. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "". At a price of $1,048 it is 3 % more affordable than the average price.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $4 / sq.feet. "House" with an average price of $4 / sq.feet has the most affordable price and would be directed at less affluent cities.