The rent prices in real estate in Waconia, in the Minnesota 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 Waconia has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.77. In the following month the price per sq.feet fell considerably to $1.21. The price for the following two months in (December, January) fell 90 % with regard to the previous two months. The price per sq.feet has risen 113 % 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 $1.41 to $1.6 during February, and March.
When referring to the price in Waconia (cities), this has fallen considerably in the last 6 months. The average price for October is $2,064. During November the price had a slight fall till $1,815. During the following two months (December, January) the average price had a considerable fall of 84 % 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 $1,788.5 to $1,455.5, which means a 81 % 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 $1,535 they are 37 % more affordable than the average price for Waconia . The properties with the highest average price have 4 bedrooms, Their price is 81 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,179.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.51 / sq.feet, with an average $1.87 / sq.feet price in Waconia. The properties with the most expensive average prices have 1 bedroom. They are 58 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.64 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,535 it is 32 % more affordable than the average price in Waconia. "Townhouse" is seen as the second most affordable property type. The most affordable property is "Townhouse" followed by "". At a price of $1,051 it is 7 % more affordable than the average price.
According to the average area price by sq.feet the most affordable property type is "Townhouse with an average cost of $1 / sq.feet. "Townhouse" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.