The rent prices in real estate in Kapaa, 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 Kapaa has fallen during the last 6 months. In April, the average price per sq.feet was $2.07. In the following month the price per sq.feet fell to $1.83. The price for the following two months in (June, July) fell 94 % with regard to the previous two months. The price per sq.feet has risen 113 % 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 $1.89 to $2.14 during August, and September.
When referring to the price in Kapaa (cities), there have hardly been any changes in the last 6 months. The average price for April is $2,500. During May the price had a slight fall till $2,188. In the following two months the average price has hardly changed with regard to the previous two months from $2,344 to $2,365.5. Based on an analysis of the first four prices and the last two months the average price has increased 108 % 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 $2,332 they are 35 % more affordable than the average price for Kapaa . The properties with the highest average price have 3 bedrooms, Their price is 107 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,947.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.97 / sq.feet, with an average $2.28 / sq.feet price in Kapaa. The properties with the most expensive average prices have 4 bedrooms. They are 1084 % more expensive than the average followed by properties with 3 bedrooms with a price at $2.66 / sq.feet.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $2,332 it is 17 % more affordable than the average price in Kapaa. "House" is seen as the second most affordable property type. The most expensive property type is "" followed by "Condo". At a price of $2,158 it is 37 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Land" at an average price of $22 / sq.feet followed by "House" priced at $27 / sq.feet. "Condo" is the most expensive type of property with a $28 / sq.feet value followed by "House" with an average price of $27 / sq.feet.