The rent prices in real estate in Waddell, in the Arizona 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 Waddell has risen strongly during the last 6 months. In November, the average price per sq.feet was $0.73. In the following month the price per sq.feet fell to $0.67. The price for the following two months in (January, February) had a considerable fall of 47 with regard to the previous two months. The price per sq.feet has had a considerable rise of 9806 % 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 $0.51 to $50.5 during March, and April.
When referring to the price in Waddell (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,650. In December This price remains at $1,602. During the following two months (January, February) the price has had an average rise from $1,626 to $1,743. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 87 %, going from $1,684.5 to $1,462.5 in March and April.
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 $1,436 they are 1 % more affordable than the average price for Waddell . The properties with the highest average price have 2 bedrooms, Their price is 0 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,416.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $27 / sq.feet, with an average $37 / sq.feet price in Waddell. The properties with the most expensive average prices have 2 bedrooms. They are 27 % more expensive than the average followed by properties with 1 bedroom with a price at $27 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most expensive one. At an cost of $1,436 it is 0 % more expensive than the average price in Waddell. "Commercial" is seen as the second most expensive property type. The most expensive property type is "Commercial" followed by "House". At a price of $1,442 it is 2 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $47 / sq.feet followed by "Commercial" priced at $61 / sq.feet. "Commercial" is the most expensive type of property with a $61 / sq.feet value followed by "House" with an average price of $47 / sq.feet.