Property prices for rent in Kailua Kona (Hawaii)
The rent prices in real estate in Kailua Kona, in the Hawaii region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Kailua Kona has risen strongly during the last 6 months. In October, the average price per sq.feet was $3.44. In the following month the price per sq.feet rose considerably to $9.7. The price for the following two months in (December, January) fell 88 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 70 % 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 $6.18 to $4.34 during February, and March.
When referring to the price in Kailua Kona (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $4,014. During November the price went through a considerable rise reaching $9,379. During the following two months (December, January) the average price had a considerable rise of 119 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $7,328.75 to $4,436.5, which means a 61 % fall.
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 $4,605 they are 51 % more affordable than the average price for Kailua Kona . The properties with the highest average price have 3 bedrooms, Their price is 325 % more expensive than the average. After that we have properties with 4 bedrooms priced at $6,546.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $3.7 / sq.feet, with an average $4.66 / sq.feet price in Kailua Kona. The properties with the most expensive average prices have 3 bedrooms. They are 152 % more expensive than the average followed by properties with 1 bedroom with a price at $4.37 / sq.feet.
According to average price per property type in Kailua Kona, "" priced at $3,781 is 18 % lower than the average price ($4,605) in this city.
