The rent prices in real estate in West Bend, in the Wisconsin 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 West Bend has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.58. In the following month the price per sq.feet fell to $1.37. The price for the following two months in (December, January) fell 92 % with regard to the previous two months. The price per sq.feet has fallen 91 % 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 $1.28 during February, and March.
When referring to the price in West Bend (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,367. In November This price remains at $1,299. In the following two months the average price has hardly changed with regard to the previous two months from $1,333 to $1,289.5. Based on an analysis of the first four prices and the last two months the average price has increased 109 % 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 $1,446 they are 31 % more affordable than the average price for West Bend . The properties with the highest average price have 4 bedrooms, Their price is 46 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,974.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.19 / sq.feet, with an average $1.28 / sq.feet price in West Bend. The properties with the most expensive average prices have 1 bedroom. They are 8 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.23 / sq.feet.
According to average price per property type in West Bend, "" priced at $1,165 is 19 % lower than the average price ($1,446) in this city.