The rent prices in real estate in Indian Rocks 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 Indian Rocks Beach has had a strong fall during the last 6 months. In August, the average price per sq.feet was $52.41. In the following month the price per sq.feet fell considerably to $2.38. The price for the following two months in (October, November) had a considerable fall of 9 with regard to the previous two months. The price per sq.feet has had a considerable fall of 18 % 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 $14.96 to $2.74 during December, and January.
When referring to the price in Indian Rocks Beach (cities), this has risen considerably in the last 6 months. The average price during our first sample month during August, is $2,336. During September the price went through a considerable rise reaching $2,909. During the following two months (October, November) 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 had a strong increase of 118 % 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 $3,379 they are 45 % more affordable than the average price for Indian Rocks Beach . The properties with the highest average price have 2 bedrooms, Their price is 25 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,126.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most expensive ones at a cost of $58 / sq.feet, with an average $2.77 / sq.feet price in Indian Rocks Beach. The properties with the most expensive average prices have 2 bedrooms. They are 9683 % more expensive than the average followed by properties with 3 bedrooms with a price at $58 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $3,379 it is 8 % more affordable than the average price in Indian Rocks Beach. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Townhouse". At a price of $3,106 it is 7 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Townhouse" at an average price of $53 / sq.feet followed by "House" priced at $58 / sq.feet. "House" is the most expensive type of property with a $58 / sq.feet value followed by "Townhouse" with an average price of $53 / sq.feet.