The rent prices in real estate in Kailua Kona, 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 Kona has fallen during the last 6 months. In July, the average price per sq.feet was $4.06. In August this price barely changed remaining at $3.89 per sq.feet. In the following two months the price per sq.feet has risen 105 %, going from $3.97 to $4.18 per sq.feet. The price per sq.feet has had a considerable fall of 75 % 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 $4.08 to $3.06 during November, and December.
When referring to the price in Kailua Kona (cities), this has fallen considerably in the last 6 months. The average price for July is $6,295. During August the price had a considerable fall till $5,164. In the following two months the average price has hardly changed with regard to the previous two months from $5,729.5 to $5,581. During the last two months the average price has fallen greatly compared to the previous four going from $5,655.25 to $3,171.5, which means a 56 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $2,280 they are 28 % more expensive than the average price for Kailua Kona. Following this ranking we find those properties with 4 at an average price of $3,351. The properties with the highest average price have 3 bedrooms, Their price is 382 % more expensive than the average. After that we have properties with 2 bedrooms priced at $3,727.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $3 / sq.feet, with an average $2.44 / sq.feet price in Kailua Kona. The properties with the most expensive average prices have 1 bedroom. They are 64 % more expensive than the average followed by properties with 2 bedrooms with a price at $3 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,280 it is 12 % more affordable than the average price in Kailua Kona. "" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $2,017 it is 17 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $34 / sq.feet. "House" at an average price of $34 / sq.feet has the highest price and would be directed at more affluent cities.