The rent prices in real estate in Kula, 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 Kula has risen strongly during the last 6 months. In March, the average price per sq.feet was $2. In April this price barely changed remaining at $2 per sq.feet. The price for the following two months in (May, June) had a considerable rise of 494 %. The price per sq.feet has had a considerable rise of 187 % 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 $5.94 to $11.1 during July, and August.
When referring to the price in Kula (cities), this has fallen considerably in the last 6 months. The average price for March is $3,408. During April the price had a slight fall till $3,208. During the following two months (May, June) the average price fell 91 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $3,164.5 to $2,305.5, which means a 73 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $1,275 they are 48 % more expensive than the average price for Kula. Following this ranking we find those properties with 4 at an average price of $2,293. The properties with the highest average price have 3 bedrooms, Their price is 186 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,409.
With regard to the average prices per sq.feet those properties with 4 bedrooms are 1467 % more expensive than the average price of ($50 / sq.feet) in Kula. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 4 bedrooms. They are 1467 % more expensive than the average value aforementioned.
With regard to the average price based upon the property in Kula we can see that the least affordable property type is "House" at a price of $2,293, they are 80 % more expensive than the average price of (!PRECIO2!). "House" has the most expensive price. This price is 80 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $50 / sq.feet. "House" at an average price of $50 / sq.feet has the highest price and would be directed at more affluent cities.