The rent prices in real estate in West Jordan, in the Utah 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 Jordan has had a strong fall during the last 6 months. In February, the average price per sq.feet was $6.88. In the following month the price per sq.feet fell considerably to $3.96. The price for the following two months in (April, May) had a considerable fall of 83 with regard to the previous two months. The price per sq.feet has had a considerable fall of 24 % 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 $4.95 to $1.18 during June, and July.
When referring to the price in West Jordan (cities), this has risen considerably in the last 6 months. The average price during our first sample month during February, is $1,396. During March the price went through a considerable rise reaching $1,675. During the following two months (April, May) the average price had a considerable rise of 115 % 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 110 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,805 they are 27 % more affordable than the average price for West Jordan . The properties with the highest average price have 4 bedrooms, Their price is 14 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,750.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.92 / sq.feet, with an average $1.19 / sq.feet price in West Jordan. The properties with the most expensive average prices have 1 bedroom. They are 47 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.36 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,805 it is 40 % more affordable than the average price in West Jordan. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $1,683 it is 17 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.11 / sq.feet followed by "Apartment" priced at $1.3 / sq.feet. "Condo" is the most expensive type of property with a $110 / sq.feet value followed by "Apartment" with an average price of $1.3 / sq.feet.