The rent prices in real estate in Wickenburg, 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 Wickenburg has had a strong fall during the last 6 months. In March, the average price per sq.feet was $23. In the following month the price per sq.feet fell considerably to $10. The price for the following two months in (May, June) had a considerable fall of 67 with regard to the previous two months. The price per sq.feet has had a considerable fall of 62 % 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 $13.75 to $8.5 during July, and August.
When referring to the price in Wickenburg (cities), this has risen considerably in the last 6 months. The average price during our first sample month during March, is $731. During April the price went through a considerable rise reaching $995. During the following two months (May, June) the price has had an average rise from $863 to $988.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 124 % 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 $1,315 they are 25 % more affordable than the average price for Wickenburg . The properties with the lowest average price have 4 bedrooms, Their price is 25 % more affordable than the average. After that we have properties with 1 bedroom priced at $980.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $6 / sq.feet, with an average $6 / sq.feet price in Wickenburg. The properties with the most expensive average prices have 1 bedroom. They are 67 % more expensive than the average followed by properties with 4 bedrooms with a price at $6 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,315 it is 27 % more affordable than the average price in Wickenburg. "House" is seen as the second most affordable property type. The most expensive property type is "Land" followed by "Farm". At a price of $1,042 it is 17 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Land" at an average price of $4 / sq.feet followed by "House" priced at $6 / sq.feet. "Farm" is the most expensive type of property with a $20 / sq.feet value followed by "House" with an average price of $6 / sq.feet.