The rent prices in real estate in Sarasota, in the Florida region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Sarasota has risen during the last 6 months. In October, the average price per sq.feet was $2.61. In November this price barely changed remaining at $2.72 per sq.feet. In the following two months the price per sq.feet has risen 110 %, going from $2.66 to $2.92 per sq.feet. The price per sq.feet has fallen 93 % 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 $2.8 to $2.61 during February, and March.
When referring to the price in Sarasota (cities), this has risen in the last 6 months. In our first sample month during October, the average price is $3,539. In November This price remains at $3,513. During the following two months (December, January) the price has had an average rise from $3,526 to $3,957.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $3,741.75 and $3,677.5 between February and March.
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 $3,471 they are 32 % more affordable than the average price for Sarasota . The properties with the highest average price have 4 bedrooms, Their price is 60 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,681.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.19 / sq.feet, with an average $2.53 / sq.feet price in Sarasota. The properties with the most expensive average prices have 1 bedroom. They are 38 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.56 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $3,471 it is 48 % more affordable than the average price in Sarasota. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $3,576 it is 28 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $2 / sq.feet followed by "House" priced at $2.31 / sq.feet. "Townhouse" is the most expensive type of property with a $41 / sq.feet value followed by "Condo" with an average price of $3.82 / sq.feet.