The rent prices in real estate in Steamboat Springs, in the Colorado 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 Steamboat Springs has had a strong fall during the last 6 months. In November, the average price per sq.feet was $5.63. In the following month the price per sq.feet fell considerably to $4.47. The price for the following two months in (January, February) had a considerable fall of 84 with regard to the previous two months. The price per sq.feet has had a considerable rise of 117 % 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 $4.65 to $5.45 during March, and April.
When referring to the price in Steamboat Springs (cities), this has fallen considerably in the last 6 months. The average price for November is $6,708. During December the price had a considerable fall till $3,221. During the following two months (January, February) the average price had a considerable fall of 51 % 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 had a strong increase of 124 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $5,169 they are 28 % more affordable than the average price for Steamboat Springs . The properties with the highest average price have 4 bedrooms, Their price is 391 % more expensive than the average. After that we have properties with 2 bedrooms priced at $14,055.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.81 / sq.feet, with an average $5.35 / sq.feet price in Steamboat Springs. The properties with the most expensive average prices have 2 bedrooms. They are 234 % more expensive than the average followed by properties with 1 bedroom with a price at $13.4 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $5,169 it is 53 % more affordable than the average price in Steamboat Springs. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Land". At a price of $2,495 it is 225 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $3 / sq.feet followed by "Condo" priced at $4 / sq.feet. "Land" is the most expensive type of property with a $23 / sq.feet value followed by "House" with an average price of $6 / sq.feet.