The rent prices in real estate in Bal Harbour, in the Florida 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 Bal Harbour has had a strong fall during the last 6 months. In November, the average price per sq.feet was $6.07. In the following month the price per sq.feet fell considerably to $4.77. The price for the following two months in (January, February) had a considerable fall of 74 with regard to the previous two months. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $4.71 to $4.5 during March y April
When referring to the price in Bal Harbour (cities), this has fallen considerably in the last 6 months. The average price for November is $11,283. During December the price had a considerable fall till $6,300. In the following two months the average price has hardly changed with regard to the previous two months from $8,791.5 to $8,816. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 116 % 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 $11,863 they are 53 % more affordable than the average price for Bal Harbour . The properties with the highest average price have 4 bedrooms, Their price is 98 % more expensive than the average. After that we have properties with 3 bedrooms priced at $14,280.
With regard to the average prices per sq.feet those properties with 1 bedroom are 40 % more affordable than the average price of ($3 / sq.feet) in Bal Harbour. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 40 % more affordable than the average value aforementioned.
According to average price per property type in Bal Harbour, "" priced at $23,505 is 98 % more expensive than the average price ($11,863) in this city.