The rent prices in real estate in Sterling, in the Alaska region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Sterling has risen strongly during the last 6 months. In May, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $1. The price for the following two months in (July, August) had a considerable rise of 200 %. 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 $0.75 to during September, and October.
When referring to the price in Sterling (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during May, is $941. During June the price went through a considerable rise reaching $1,113. During the following two months (July, August) the average price fell 89 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 95 %, going from $971.5 to $922.5 in September and October.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 4 % more expensive than the average price of $939 in Sterling. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 4 % more expensive than the average aforementioned.
The graph displaying the average rent prices displays the property type "Land" as the most expensive one. At an cost of $905 it is 12 % more expensive than the average price in Sterling. "House" is seen as the second most expensive property type. The most expensive property type is "House" followed by "Land". At a price of $1,015 it is 14 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Land" at an average price of $56 / sq.feet followed by "House" priced at $65 / sq.feet. "House" is the most expensive type of property with a $65 / sq.feet value followed by "Land" with an average price of $56 / sq.feet.