The rent prices in real estate in Sun City, in the Arizona 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 Sun City has risen strongly during the last 6 months. In January, the average price per sq.feet was $0.96. In the following month the price per sq.feet rose considerably to $1.11. In the following two months the price per sq.feet has risen 109 %, going from $1.03 to $1.13 per sq.feet. The price per sq.feet has risen 108 % 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 $1.08 to $1.17 during May, and June.
When referring to the price in Sun City (cities), there have hardly been any changes in the last 6 months. In our first sample month during January, the average price is $1,457. In February This price remains at $1,454. In the following two months the average price has hardly changed with regard to the previous two months from $1,455.5 to $1,399.5. Based on an analysis of the first four prices and the last two months the average price has increased 111 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,560 they are 25 % more affordable than the average price for Sun City . The properties with the highest average price have 3 bedrooms, Their price is 21 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,362.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most expensive ones at a cost of $3 / sq.feet, with an average $1.15 / sq.feet price in Sun City. The properties with the most expensive average prices have 4 bedrooms. They are 3291 % more expensive than the average followed by properties with 3 bedrooms with a price at $4 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,560 it is 25 % more affordable than the average price in Sun City. "Condo" is seen as the second most affordable property type. The most affordable property is "" followed by "Apartment". At a price of $1,235 it is 21 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Condo" at an average price of $25 / sq.feet followed by "House" priced at $39 / sq.feet. "Apartment" is the most expensive type of property with a $44 / sq.feet value followed by "House" with an average price of $39 / sq.feet.