The rent prices in real estate in Dade City, 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 Dade City has had a strong fall during the last 6 months. In October, the average price per sq.feet was $7.2. In the following month the price per sq.feet rose considerably to $9.9. The price for the following two months in (December, January) had a considerable fall of 71 with regard to the previous two months. The price per sq.feet has had a considerable fall of 16 % 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 $7.32 to $1.2 during February, and March.
When referring to the price in Dade City (cities), there have hardly been any changes in the last 6 months. The average price for October is $1,172. During November the price had a slight fall till $1,094. In the following two months the average price has hardly changed with regard to the previous two months from $1,133 to $1,161. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $1,147 to $1,083 in February and March.
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 $977 they are 10 % more affordable than the average price for Dade City . The properties with the highest average price have 3 bedrooms, Their price is 31 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,161.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most expensive ones at a cost of $8 / sq.feet, with an average $1.16 / sq.feet price in Dade City. The properties with the most expensive average prices have 4 bedrooms. They are 2055 % more expensive than the average followed by properties with 2 bedrooms with a price at $21 / sq.feet.
The graph displaying the average rent prices displays the property type "Farm" as the most expensive one. At an cost of $977 it is 12 % more expensive than the average price in Dade City. "" is seen as the second most expensive property type. The most expensive property type is "Condo" followed by "Commercial". At a price of $1,185 it is 22 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Farm" at an average price of $5 / sq.feet followed by "Commercial" priced at $13 / sq.feet. "House" is the most expensive type of property with a $25 / sq.feet value followed by "Condo" with an average price of $18 / sq.feet.