The rent prices in real estate in Hillsboro Beach, 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 Hillsboro Beach has had a strong fall during the last 6 months. In December, the average price per sq.feet was $11.59. In the following month the price per sq.feet fell considerably to $9.68. The price for the following two months in (February, March) had a considerable fall of 75 with regard to the previous two months. The price per sq.feet has fallen 93 % 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 $9.31 to $8.69 during April, and May.
When referring to the price in Hillsboro Beach (cities), this has fallen considerably in the last 6 months. In our first sample month during December, the average price is $6,924. In January This price remains at $6,945. During the following two months (February, March) the average price had a considerable fall of 84 % 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 $6,385.25 to $5,019.5, which means a 79 % 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 $5,013 they are 38 % more affordable than the average price for Hillsboro Beach . The properties with the highest average price have 4 bedrooms, Their price is 302 % more expensive than the average. After that we have properties with 3 bedrooms priced at $6,220.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.96 / sq.feet, with an average $8.06 / sq.feet price in Hillsboro Beach. The properties with the most expensive average prices have 4 bedrooms. They are 209 % more expensive than the average followed by properties with 1 bedroom with a price at $4.41 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $5,013 it is 20 % more affordable than the average price in Hillsboro Beach. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $4,829 it is 43 % 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 $4.44 / sq.feet followed by "House" priced at $31.32 / sq.feet. "House" is the most expensive type of property with a $31.32 / sq.feet value followed by "Condo" with an average price of $4.44 / sq.feet.