The rent prices in real estate in Keaau, in the Hawaii region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Keaau has had a strong fall during the last 6 months. In July, the average price per sq.feet was $11.31. In the following month the price per sq.feet fell considerably to $1.37. The price for the following two months in (September, October) had a considerable fall of 23 with regard to the previous two months. The price per sq.feet has had a considerable rise of 334 % 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 $3.89 to $13 during November, and December.
When referring to the price in Keaau (cities), this has risen in the last 6 months. The rent price in July is $1,371, rising in August till $1,543. In the following two months the average price has hardly changed with regard to the previous two months from $1,457 to $1,517. 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 $1,487 and $1,452.5 between November and December.
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 $1,492 they are 7 % more affordable than the average price for Keaau . The properties with the highest average price have 1 bedroom, Their price is 22 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,391.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $15 / sq.feet, with an average $14 / sq.feet price in Keaau. The properties with the most expensive average prices have 1 bedroom. They are 243 % more expensive than the average followed by properties with 2 bedrooms with a price at $15 / sq.feet.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $1,492 it is 7 % more affordable than the average price in Keaau. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Land". At a price of $1,381 it is 7 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "Land" at an average price of $10 / sq.feet followed by "House" priced at $15 / sq.feet. "House" is the most expensive type of property with a $15 / sq.feet value followed by "Land" with an average price of $10 / sq.feet.