The rent prices in real estate in Wayzata, 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 Wayzata has had a strong fall during the last 6 months. In January, the average price per sq.feet was $1.57. In the following month the price per sq.feet fell to $1.35. The price for the following two months in (March, April) fell 93 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 78 % 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 $1.1 during May, and June.
When referring to the price in Wayzata (cities), this has fallen considerably in the last 6 months. The average price for January is $2,539. During February the price had a considerable fall till $1,749. During the following two months (March, April) the average price had a considerable fall of 69 % 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 increased 111 % during the last two months.
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 $1,767 they are 42 % more affordable than the average price for Wayzata . The properties with the highest average price have 4 bedrooms, Their price is 88 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,050.
With regard to the average prices per sq.feet those properties with 1 bedroom are 17 % more affordable than the average price of ($1 / sq.feet) in Wayzata. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 17 % more affordable than the average value aforementioned.
According to average price per property type in Wayzata, "" priced at $3,901 is 121 % more expensive than the average price ($1,767) in this city.