The rent prices in real estate in Big Pine Key, 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 Big Pine Key has had a strong fall during the last 6 months. In September, the average price per sq.feet was $144.27. In the following month the price per sq.feet fell considerably to $18.49. The price for the following two months in (November, December) had a considerable fall of 25 with regard to the previous two months. The price per sq.feet has had a considerable fall of 79 % 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 $50.67 to $39.88 during January, and February.
When referring to the price in Big Pine Key (cities), this has fallen in the last 6 months. The average price for September is $7,625. During October the price had a slight fall till $7,115. In the following two months the average price has hardly changed with regard to the previous two months from $7,370 to $7,377.5. During the last two months the average price has fallen greatly compared to the previous four going from $7,373.75 to $6,129.5, which means a 83 % fall.
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 $5,293 they are 48 % more affordable than the average price for Big Pine Key . The properties with the lowest average price have 1 bedroom, Their price is 44 % more affordable than the average. After that we have properties with 2 bedrooms priced at $2,740.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 1471 % more expensive than the average price of ($77 / sq.feet) in Big Pine Key. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 1471 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $5,293 it is 48 % more affordable than the average price in Big Pine Key. "" is seen as the second most affordable property type. The most affordable property is "" followed by "House". At a price of $2,740 it is 45 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $77 / sq.feet. "House" at an average price of $77 / sq.feet has the highest price and would be directed at more affluent cities.