The rent prices in real estate in Sweetwater, in the Texas 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 Sweetwater has had a strong fall during the last 6 months. In March, the average price per sq.feet was $7.11. In the following month the price per sq.feet fell considerably to $0.95. The price for the following two months in (May, June) had a considerable fall of 24 with regard to the previous two months. The price per sq.feet has had a considerable fall of 16 % 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 $2.51 to $0.4 during July, and August.
When referring to the price in Sweetwater (cities), this has fallen considerably in the last 6 months. The average price for March is $10,983. During April the price had a considerable fall till $915. During the following two months (May, June) the average price had a considerable fall of 15 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $3,432 to $1,009.5, which means a 29 % fall.
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 $829 they are 29 % more affordable than the average price for Sweetwater . The properties with the highest average price have 3 bedrooms, Their price is 14 % more expensive than the average. After that we have properties with 2 bedrooms priced at $776.
According to average price per property type in Sweetwater, "" priced at $588 is 29 % lower than the average price ($829) in this city.