The rent prices in real estate in Haleiwa, in the Hawaii 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 Haleiwa has had a strong fall during the last 6 months. In July, the average price per sq.feet was $26.21. In the following month the price per sq.feet fell considerably to $3.13. The price for the following two months in (September, October) had a considerable fall of 69 with regard to the previous two months. The price per sq.feet has had a considerable rise of 230 % 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 $12.37 to $28.5 during November, and December.
When referring to the price in Haleiwa (cities), there have hardly been any changes in the last 6 months. In our first sample month during July, the average price is $2,605. In August This price remains at $2,507. During the following two months (September, October) the price has had an average rise from $2,556 to $2,879. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $2,717.5 and $2,684.5 between November and December.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $2,324 they are 3 % more affordable than the average price for Haleiwa . The properties with the highest average price have 3 bedrooms, Their price is 40 % more expensive than the average. After that we have properties with 1 bedroom priced at $2,843.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $29 / sq.feet price in Haleiwa. The properties with the most affordable average prices have 1 bedroom. They are 93 % more affordable than the average followed by properties with 2 bedrooms with a price at $1 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most expensive one. At an cost of $2,324 it is 8 % more expensive than the average price in Haleiwa. "Apartment" is seen as the second most expensive property type. The most expensive property type is "Condo" followed by "Apartment". At a price of $2,638 it is 23 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $26 / sq.feet followed by "Apartment" priced at $98 / sq.feet. "Apartment" is the most expensive type of property with a $98 / sq.feet value followed by "Condo" with an average price of $26 / sq.feet.