The rent prices in real estate in Gotha, 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 Gotha has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.27. In the following month the price per sq.feet rose to $1.37. The price for the following two months in (January, February) had a considerable fall of 38 with regard to the previous two months. The price per sq.feet has had a considerable fall of 55 % 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 $0.91 to $0.5 during March, and April.
When referring to the price in Gotha (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $2,148. In December This price remains at $2,145. During the following two months (January, February) the average price had a considerable rise of 122 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $2,379.75 to $1,952.5, which means a 82 % fall.
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 $1,950 they are 51 % more affordable than the average price for Gotha . The properties with the lowest average price have 2 bedrooms, Their price is 40 % more affordable than the average. After that we have properties with 1 bedroom priced at $951.
According to average price per property type in Gotha, "" priced at $1,167 is 40 % lower than the average price ($1,950) in this city.