The rent prices in real estate in Tea, in the South Dakota 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 Tea has had a strong fall during the last 6 months. In May, the average price per sq.feet was $4.96. In the following month the price per sq.feet rose considerably to $6.13. The price for the following two months in (July, August) had a considerable fall of 61 with regard to the previous two months. The price per sq.feet has had a considerable fall of 21 % 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 $4.47 to $0.94 during September, and October.
When referring to the price in Tea (cities), this has risen in the last 6 months. In our first sample month during May, the average price is $1,161. In June This price remains at $1,154. In the following two months the average price has hardly changed with regard to the previous two months from $1,157.5 to $1,205. Based on an analysis of the first four prices and the last two months the average price has increased 108 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 20 % more affordable than the average price of $1,028 in Tea. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 20 % more affordable than the average aforementioned.
According to average price per property type in Tea, "" priced at $1,028 is 20 % lower than the average price ($1,283) in this city.