The rent prices in real estate in Wellton, 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 Wellton has had a strong fall during the last 6 months. In June, the average price per sq.feet was $1. In July this price barely changed remaining at $1.04 per sq.feet. The price for the following two months in (August, September) had a considerable fall of 50 with regard to the previous two months. The price per sq.feet has had a considerable rise of 130 % 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 $0.76 to $1 during October, and November.
When referring to the price in Wellton (cities), this has risen considerably in the last 6 months. The average price during our first sample month during June, is $1,140. During July the price went through a considerable rise reaching $1,592. During the following two months (August, September) the average price had a considerable fall of 83 % 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 122 % 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 $1,444 they are 58 % more affordable than the average price for Wellton . The properties with the lowest average price have 1 bedroom, Their price is 50 % more affordable than the average. After that we have properties with 2 bedrooms priced at $702.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most expensive ones at a cost of $2 / sq.feet, with an average $0.99 / sq.feet price in Wellton. The properties with the most expensive average prices have 2 bedrooms. They are 1415 % more expensive than the average followed by properties with 4 bedrooms with a price at $2 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,444 it is 60 % more affordable than the average price in Wellton. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "". At a price of $579 it is 58 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $2 / sq.feet. "House" at an average price of $2 / sq.feet has the highest price and would be directed at more affluent cities.