The rent prices in real estate in Spokane, in the Washington region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Spokane has barely changed in the last 6 months. In July, the average price per sq.feet was $1.56. In August this price barely changed remaining at $1.55 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.55 to $1.5 per sq.feet. The price per sq.feet has fallen 93 % 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 $1.53 to $1.42 during November, and December.
When referring to the price in Spokane (cities), there have hardly been any changes in the last 6 months. In our first sample month during July, the average price is $1,616. In August This price remains at $1,641. In the following two months the average price has hardly changed with regard to the previous two months from $1,628.5 to $1,668. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 85 %, going from $1,648.25 to $1,405 in November and December.
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 $1,512 they are 27 % more affordable than the average price for Spokane . The properties with the highest average price have 4 bedrooms, Their price is 44 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,848.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.1 / sq.feet, with an average $1.51 / sq.feet price in Spokane. The properties with the most expensive average prices have 1 bedroom. They are 22 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.58 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,512 it is 11 % more affordable than the average price in Spokane. "Condo" is seen as the second most affordable property type. The most expensive property type is "Duplex" followed by "". At a price of $2,211 it is 51 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Land" at an average price of $1.23 / sq.feet followed by "Duplex" priced at $1.4 / sq.feet. "House" is the most expensive type of property with a $1.63 / sq.feet value followed by "Condo" with an average price of $1.62 / sq.feet.