The rent prices in real estate in Ewa Beach, in the Hawaii 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 Ewa Beach has risen strongly during the last 6 months. In March, the average price per sq.feet was $2.09. In April this price barely changed remaining at $2 per sq.feet. In the following two months the price per sq.feet has risen 106 %, going from $2.05 to $2.16 per sq.feet. The price per sq.feet has had a considerable rise of 307 % 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 $2.1 to $6.46 during July, and August.
When referring to the price in Ewa Beach (cities), this has risen in the last 6 months. The average price during our first sample month during March, is $2,448. During April the price went through a considerable rise reaching $2,934. During the following two months (May, June) the price has had an average rise from $2,691 to $2,883.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 93 %, going from $2,787.25 to $2,597.5 in July and August.
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 $2,461 they are 51 % more affordable than the average price for Ewa Beach . The properties with the highest average price have 4 bedrooms, Their price is 48 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,822.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $2 / sq.feet, with an average $2.27 / sq.feet price in Ewa Beach. The properties with the most expensive average prices have 2 bedrooms. They are 517 % more expensive than the average followed by properties with 4 bedrooms with a price at $12 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,461 it is 8 % more affordable than the average price in Ewa Beach. "Duplex" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $2,587 it is 26 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Duplex" at an average price of $4 / sq.feet followed by "House" priced at $9 / sq.feet. "Condo" is the most expensive type of property with a $16 / sq.feet value followed by "House" with an average price of $9 / sq.feet.