The rent prices in real estate in Hobe Sound, 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 Hobe Sound has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.84. In December this price barely changed remaining at $1.89 per sq.feet. The price for the following two months in (January, February) fell 92 % with regard to the previous two months. The price per sq.feet has had a considerable rise of 520 % 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 $1.79 to $9.31 during March, and April.
When referring to the price in Hobe Sound (cities), this has risen considerably in the last 6 months. The rent price in November is $2,677, rising in December till $2,846. In the following two months the average price has hardly changed with regard to the previous two months from $2,761.5 to $2,689.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 215 % 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 $7,150 they are 87 % more affordable than the average price for Hobe Sound . The properties with the highest average price have 4 bedrooms, Their price is 36 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,747.
With regard to the average prices per sq.feet those properties with 1 bedroom are 86 % more affordable than the average price of ($1 / sq.feet) in Hobe Sound. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 86 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $7,150 it is 87 % more affordable than the average price in Hobe Sound. "Townhouse" is seen as the second most affordable property type. The most affordable property is "Condo" followed by "Villa". At a price of $2,524 it is 62 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1 / sq.feet followed by "Villa" priced at $92 / sq.feet. "Villa" is the most expensive type of property with a $92 / sq.feet value followed by "House" with an average price of $1 / sq.feet.