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 October, the average price per sq.feet was $2.72. In the following month the price per sq.feet rose to $2.86. The price for the following two months in (December, January) had a considerable rise of 271 %. The price per sq.feet has had a considerable rise of 133 % 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 $5.18 to $6.88 during February, and March.
When referring to the price in Kapaa (cities), this has risen considerably in the last 6 months. The rent price in October is $3,369, rising in November till $3,868. During the following two months (December, January) the average price had a considerable rise of 236 % 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 119 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $2,983 they are 50 % more affordable than the average price for Kapaa . The properties with the highest average price have 3 bedrooms, Their price is 60 % more expensive than the average. After that we have properties with 1 bedroom priced at $2,021.
With regard to the average prices per sq.feet those properties with 4 bedrooms are 331 % more expensive than the average price of ($15 / 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 331 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,983 it is 37 % more affordable than the average price in Kapaa. "House" is seen as the second most affordable property type. The most affordable property is "Land" followed by "House". At a price of $1,923 it is 29 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $15 / sq.feet followed by "Land" priced at $16 / sq.feet. "Land" is the most expensive type of property with a $16 / sq.feet value followed by "House" with an average price of $15 / sq.feet.