The rent prices in real estate in Fort Walton Beach, 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 Walton Beach has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.21. In December this price barely changed remaining at $1.23 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.22 to $1.18 per sq.feet. The price per sq.feet has had a considerable rise of 387 % 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 $1.2 to $4.66 during March, and April.
When referring to the price in Fort Walton Beach (cities), this has fallen in the last 6 months. The average price for November is $1,482. During December the price had a slight fall till $1,321. During the following two months (January, February) the average price fell 91 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 106 % during the last two months.
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 $1,390 they are 17 % more affordable than the average price for Fort Walton Beach . The properties with the highest average price have 4 bedrooms, Their price is 70 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,731.
With regard to the average prices per sq.feet those properties with 1 bedroom are 84 % more affordable than the average price of ($1 / sq.feet) in Fort Walton Beach. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 84 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Duplex" as the most affordable one. At an cost of $1,390 it is 17 % more affordable than the average price in Fort Walton Beach. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $1,399 it is 15 % 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 $1 / sq.feet followed by "Duplex" priced at $6 / sq.feet. "Duplex" is the most affordable type of property with a $6 / sq.feet value followed by "House" with an average price of $1 / sq.feet.