The rent prices in real estate in Sweet Home, in the Oregon 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 Sweet Home has had a strong fall during the last 6 months. In March, the average price per sq.feet was $1.19. In April this price barely changed remaining at $1.24 per sq.feet. The price for the following two months in (May, June) had a considerable fall of 44 with regard to the previous two months. 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 $0.87 to during July, and August.
When referring to the price in Sweet Home (cities), there have hardly been any changes in the last 6 months. In our first sample month during March, the average price is $1,158. In April This price remains at $1,133. During the following two months (May, June) the price has had an average rise from $1,145.5 to $1,230. During the last two months the average price has fallen greatly compared to the previous four going from $1,187.75 to $1,005.5, which means a 85 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most expensive ones. At a price of $1,020 they are 4 % more expensive than the average price for Sweet Home. Following this ranking we find those properties with 1 at an average price of $1,068. The properties with the highest average price have 1 bedroom, Their price is 5 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,058.
According to average price per property type in Sweet Home, "" priced at $791 is 22 % lower than the average price ($1,020) in this city.