The rent prices in real estate in Kahului, in the Hawaii 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 Kahului has risen strongly during the last 6 months. In August, the average price per sq.feet was $1.98. In September this price barely changed remaining at $2 per sq.feet. The price for the following two months in (October, November) had a considerable rise of 656 %. The price per sq.feet has had a considerable rise of 219 % 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 $7.53 to $16.5 during December, and January.
When referring to the price in Kahului (cities), this has fallen in the last 6 months. In our first sample month during August, the average price is $3,050. In September This price remains at $3,157. During the following two months (October, November) 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 barely gone through any changes with regard to the previous average values going from an average value of $2,855.75 and $2,963 between December and January.
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 $2,899 they are 46 % more affordable than the average price for Kahului . The properties with the lowest average price have 3 bedrooms, Their price is 34 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,819.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $11 / sq.feet, with an average $20 / sq.feet price in Kahului. The properties with the most expensive average prices have 1 bedroom. They are 30 % more expensive than the average followed by properties with 2 bedrooms with a price at $18 / sq.feet.
With regard to the average price based upon the property in Kahului we can see that the most affordable property type is "House" at a price of $1,909, they are 34 % cheaper than the average price of (!PRECIO2!). "House" has the most affordable price. This price is 34 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $11 / sq.feet. "House" with an average price of $11 / sq.feet has the most affordable price and would be directed at less affluent cities.