The rent prices in real estate in Gulf Shores, in the Alabama 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 Gulf Shores has risen strongly during the last 6 months. In August, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $1.07. The price for the following two months in (October, November) had a considerable rise of 185 %. The price per sq.feet has had a considerable rise of 132 % 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 $0.76 to $1 during December, and January.
When referring to the price in Gulf Shores (cities), this has risen considerably in the last 6 months. The average price during our first sample month during August, is . During September the price went through a considerable rise reaching $1,558. During the following two months (October, November) the average price had a considerable rise of 176 % 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 had a strong increase of 127 % 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 $1,319 they are 32 % more affordable than the average price for Gulf Shores . The properties with the highest average price have 3 bedrooms, Their price is 2 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,154.
With regard to the average prices per sq.feet those properties with 4 bedrooms are 1567 % more expensive than the average price of ($17 / sq.feet) in Gulf Shores. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 4 bedrooms. They are 1567 % more expensive than the average value aforementioned.
With regard to the average price based upon the property in Gulf Shores we can see that the most affordable property type is "House" at a price of $1,153, they are 13 % cheaper than the average price of (!PRECIO2!). "House" has the most affordable price. This price is 13 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $17 / sq.feet. "House" at an average price of $17 / sq.feet has the highest price and would be directed at more affluent cities.