The rent prices in real estate in Fort Pierce, 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 Fort Pierce has risen strongly during the last 6 months. In September, the average price per sq.feet was $4.59. In October this price barely changed remaining at $4.77 per sq.feet. The price for the following two months in (November, December) had a considerable rise of 172 %. The price per sq.feet has had a considerable rise of 117 % 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 $6.36 to $7.45 during January, and February.
When referring to the price in Fort Pierce (cities), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $2,786. In October This price remains at $2,795. In the following two months the average price has hardly changed with regard to the previous two months from $2,790.5 to $2,824. 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 $2,807.25 to $2,624.5 in January and February.
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 $2,521 they are 33 % more affordable than the average price for Fort Pierce . The properties with the highest average price have 3 bedrooms, Their price is 26 % more expensive than the average. After that we have properties with 4 bedrooms priced at $3,000.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.28 / sq.feet, with an average $7.67 / sq.feet price in Fort Pierce. The properties with the most affordable average prices have 1 bedroom. They are 71 % more affordable than the average followed by properties with 3 bedrooms with a price at $1.95 / sq.feet.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $2,521 it is 11 % more affordable than the average price in Fort Pierce. "House" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "Condo". At a price of $3,117 it is 100 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Land" at an average price of $0.81 / sq.feet followed by "Condo" priced at $2.76 / sq.feet. "Townhouse" is the most expensive type of property with a $23 / sq.feet value followed by "Villa" with an average price of $21.05 / sq.feet.