The rent prices in real estate in Vail, in the Arizona 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 Vail has had a strong fall during the last 6 months. In December, the average price per sq.feet was $54.68. In the following month the price per sq.feet rose considerably to $64.05. The price for the following two months in (February, March) had a considerable fall of 38 with regard to the previous two months. The price per sq.feet has had a considerable fall of 43 % 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 $40.87 to $17.4 during April, and May.
When referring to the price in Vail (cities), there have hardly been any changes in the last 6 months. In our first sample month during December, the average price is $1,385. In January This price remains at $1,386. In the following two months the average price has hardly changed with regard to the previous two months from $1,385.5 to $1,396.5. Based on an analysis of the first four prices and the last two months the average price has increased 106 % 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 18 % more affordable than the average price of $1,329 in Vail. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 18 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 4077 % more expensive than the average price of ($33 / sq.feet) in Vail. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 4077 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,611 it is 24 % more affordable than the average price in Vail. "House" is seen as the second most affordable property type. The most affordable property is "Townhouse" followed by "House". At a price of $1,329 it is 14 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $33 / sq.feet followed by "Townhouse" priced at $60 / sq.feet. "Townhouse" is the most expensive type of property with a $60 / sq.feet value followed by "House" with an average price of $33 / sq.feet.