Property prices for rent in Vail (Colorado)
The rent prices in real estate in Vail, in the Colorado 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 Vail has risen strongly during the last 6 months. In November, the average price per sq.feet was $6.24. In December this price barely changed remaining at $6.24 per sq.feet. The price for the following two months in (January, February) had a considerable rise of 753 %. The price per sq.feet has had a considerable fall of 17 % 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 $26.62 to $4.5 during March, and April.
When referring to the price in Vail (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $14,890. In December This price remains at $14,890. During the following two months (January, February) the average price had a considerable fall of 45 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 123 % 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 $14,875 they are 70 % more affordable than the average price for Vail . The properties with the lowest average price have 1 bedroom, Their price is 70 % more affordable than the average. After that we have properties with 4 bedrooms priced at $4,390.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most expensive ones at a cost of $89 / sq.feet, with an average $6 / sq.feet price in Vail. The properties with the most expensive average prices have 1 bedroom. They are 1400 % more expensive than the average followed by properties with 4 bedrooms with a price at $89 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $14,875 it is 71 % more affordable than the average price in Vail. "Duplex" is seen as the second most affordable property type. The most affordable property is "Condo" followed by "House". At a price of $4,355 it is 71 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Townhouse" at an average price of $61 / sq.feet followed by "Duplex" priced at $72 / sq.feet. "Condo" is the most expensive type of property with a $87 / sq.feet value followed by "House" with an average price of $82 / sq.feet.
