The rent prices in real estate in Coconut Creek, in the Florida 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 Coconut Creek has risen strongly during the last 6 months. In December, the average price per sq.feet was $2.24. In the following month the price per sq.feet rose considerably to $3.32. The price for the following two months in (February, March) had a considerable fall of 83 with regard to the previous two months. The price per sq.feet has risen 108 % 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 $2.55 to $2.74 during April, and May.
When referring to the price in Coconut Creek (cities), there have hardly been any changes in the last 6 months. In our first sample month during December, the average price is $2,427. In January This price remains at $2,475. In the following two months the average price has hardly changed with regard to the previous two months from $2,451 to $2,453.5. 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 $2,452.25 and $2,502 between April and May.
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 $2,522 they are 26 % more affordable than the average price for Coconut Creek . The properties with the highest average price have 4 bedrooms, Their price is 87 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,094.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.05 / sq.feet, with an average $2.9 / sq.feet price in Coconut Creek. The properties with the most affordable average prices have 4 bedrooms. They are 21 % more affordable than the average followed by properties with 1 bedroom with a price at $2.27 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,522 it is 14 % more affordable than the average price in Coconut Creek. "Condo" is seen as the second most affordable property type. The most expensive property type is "Detached House" followed by "Townhouse". At a price of $3,146 it is 31 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $2.16 / sq.feet followed by "Condo" priced at $2.24 / sq.feet. "Detached House" is the most expensive type of property with a $22.89 / sq.feet value followed by "Townhouse" with an average price of $20.33 / sq.feet.