The rent prices in real estate in Hernando, 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 Hernando has had a strong fall during the last 6 months. In July, the average price per sq.feet was $51. In the following month the price per sq.feet fell considerably to $0.91. The price for the following two months in (September, October) had a considerable fall of 4 with regard to the previous two months. The price per sq.feet has had a considerable rise of 186 % 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 $13.48 to $25.09 during November, and December.
When referring to the price in Hernando (cities), this has risen in the last 6 months. The average price for July is $1,360. During August the price had a slight fall till $1,233. During the following two months (September, October) the average price had a considerable rise of 118 % 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 107 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 8 % more affordable than the average price of $1,350 in Hernando. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 8 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 6 % more affordable than the average price of ($46 / sq.feet) in Hernando. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 6 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $1,471 it is 9 % more affordable than the average price in Hernando. "House" is seen as the second most affordable property type. The most expensive property type is "Farm" followed by "House". At a price of $1,350 it is 1 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Farm" at an average price of $2 / sq.feet followed by "Land" priced at $41 / sq.feet. "House" is the most affordable type of property with a $46 / sq.feet value followed by "Land" with an average price of $41 / sq.feet.