The rent prices in real estate in Kapaa, 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 Kapaa has risen strongly during the last 6 months. In August, the average price per sq.feet was $2.31. In the following month the price per sq.feet fell to $2.01. The price for the following two months in (October, November) had a considerable rise of 800 %. The price per sq.feet has had a considerable rise of 175 % 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 $9.72 to $16.98 during December, and January.
When referring to the price in Kapaa (cities), this has fallen in the last 6 months. In our first sample month during August, the average price is $3,271. In September This price remains at $3,238. During the following two months (October, November) the average price had a considerable fall of 73 % 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 131 % 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 $4,343 they are 78 % more affordable than the average price for Kapaa . The properties with the lowest average price have 3 bedrooms, Their price is 9 % more affordable than the average. After that we have properties with 2 bedrooms priced at $2,665.
With regard to the average prices per sq.feet those properties with 4 bedrooms are 914 % more expensive than the average price of ($30 / sq.feet) in Kapaa. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 4 bedrooms. They are 914 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $4,343 it is 55 % more affordable than the average price in Kapaa. "House" is seen as the second most affordable property type. The most affordable property is "" followed by "House". At a price of $1,953 it is 26 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Apartment" at an average price of $25 / sq.feet followed by "House" priced at $30 / sq.feet. "House" is the most expensive type of property with a $30 / sq.feet value followed by "Apartment" with an average price of $25 / sq.feet.