The rent prices in real estate in Hallandale, 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 Hallandale has risen strongly during the last 6 months. In February, the average price per sq.feet was $2.46. In the following month the price per sq.feet rose to $2.59. The price for the following two months in (April, May) had a considerable fall of 73 with regard to the previous two months. The price per sq.feet has had a considerable rise of 1049 % 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 $2.19 to $22.97 during June, and July.
When referring to the price in Hallandale (cities), there have hardly been any changes in the last 6 months. In our first sample month during February, the average price is $2,495. In March This price remains at $2,550. During the following two months (April, May) the average price had a considerable fall of 85 % 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 129 % 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 $2,962 they are 48 % more affordable than the average price for Hallandale . The properties with the highest average price have 4 bedrooms, Their price is 129 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,395.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.46 / sq.feet, with an average $24.83 / sq.feet price in Hallandale. The properties with the most expensive average prices have 4 bedrooms. They are 248 % more expensive than the average followed by properties with 1 bedroom with a price at $6.18 / sq.feet.
The graph displaying the average rent prices displays the property type "Duplex" as the most affordable one. At an cost of $2,962 it is 50 % more affordable than the average price in Hallandale. "House" is seen as the second most affordable property type. The most expensive property type is "Villa" followed by "Townhouse". At a price of $2,731 it is 134 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Duplex" at an average price of $0.27 / sq.feet followed by "Condo" priced at $1.81 / sq.feet. "Villa" is the most expensive type of property with a $33.21 / sq.feet value followed by "Townhouse" with an average price of $12.1 / sq.feet.