The rent prices in real estate in Kaneohe, 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 Kaneohe has fallen during the last 6 months. In October, the average price per sq.feet was $3.36. In November this price barely changed remaining at $3.34 per sq.feet. The price for the following two months in (December, January) fell 94 % with regard to the previous two months. The price per sq.feet has fallen 94 % 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 $3.25 to $3.04 during February, and March.
When referring to the price in Kaneohe (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $3,056. In November This price remains at $3,043. In the following two months the average price has hardly changed with regard to the previous two months from $3,049.5 to $3,045.5. 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 $3,047.5 and $3,072 between February and March.
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 $3,119 they are 32 % more affordable than the average price for Kaneohe . 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 $3,431.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2 / sq.feet, with an average $3.12 / sq.feet price in Kaneohe. The properties with the most expensive average prices have 1 bedroom. They are 28 % 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 "Condo" as the most affordable one. At an cost of $3,119 it is 19 % more affordable than the average price in Kaneohe. "Apartment" is seen as the second most affordable property type. The most affordable property is "House" followed by "". At a price of $3,044 it is 1 % more affordable than the average price.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $3 / sq.feet. "House" with an average price of $3 / sq.feet has the most affordable price and would be directed at less affluent cities.