The rent prices in real estate in Kailua, in the Hawaii region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Kailua has fallen during the last 6 months. In March, the average price per sq.feet was $3.32. In the following month the price per sq.feet fell to $2.95. In the following two months the price per sq.feet has practically remained the same, going from $3.13 to $3.02 per sq.feet. The price per sq.feet has risen 106 % 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 $3.08 to $3.26 during July, and August.
When referring to the price in Kailua (cities), there have hardly been any changes in the last 6 months. The rent price in March is $3,675, rising in April till $4,115. During the following two months (May, June) the average price had a considerable fall of 79 % 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 $4,040 they are 44 % more affordable than the average price for Kailua . The properties with the highest average price have 4 bedrooms, Their price is 256 % more expensive than the average. After that we have properties with 3 bedrooms priced at $4,105.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.72 / sq.feet, with an average $3.2 / sq.feet price in Kailua. The properties with the most expensive average prices have 4 bedrooms. They are 60 % more expensive than the average followed by properties with 1 bedroom with a price at $3.32 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $4,040 it is 42 % more affordable than the average price in Kailua. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $3,212 it is 49 % 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 $2.84 / sq.feet followed by "House" priced at $3.08 / sq.feet. "Apartment" is the most expensive type of property with a $3.46 / sq.feet value followed by "House" with an average price of $3.08 / sq.feet.