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 October, the average price per sq.feet was $4.77. In the following month the price per sq.feet rose considerably to $10.21. The price for the following two months in (December, January) fell 88 % with regard to the previous two months. The price per sq.feet has had a considerable rise of 142 % 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 $7.02 to $9.99 during February, and March.
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 October, the average price is $2,795. In November This price remains at $2,827. In the following two months the average price has hardly changed with regard to the previous two months from $2,811 to $2,774.5. 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 $2,792.75 to $2,606 in February and March.
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 $2,691 they are 42 % more affordable than the average price for Fort Pierce . The properties with the highest average price have 3 bedrooms, Their price is 11 % more expensive than the average. After that we have properties with 4 bedrooms priced at $2,844.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.52 / sq.feet, with an average $12.32 / sq.feet price in Fort Pierce. The properties with the most affordable average prices have 1 bedroom. They are 79 % more affordable than the average followed by properties with 2 bedrooms with a price at $2.02 / sq.feet.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $2,691 it is 21 % 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 $2,931 it is 90 % 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 $1.88 / sq.feet followed by "Condo" priced at $2.49 / sq.feet. "Townhouse" is the most expensive type of property with a $25 / sq.feet value followed by "Villa" with an average price of $20.44 / sq.feet.