The rent prices in real estate in Makawao, 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 Makawao has risen strongly during the last 6 months. In October, the average price per sq.feet was $3.72. In the following month the price per sq.feet rose considerably to $5. The price for the following two months in (December, January) had a considerable rise of 139 %. The price per sq.feet has fallen 94 % 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 $5.21 to $4.89 during February, and March.
When referring to the price in Makawao (cities), this has risen considerably in the last 6 months. The average price for October is $4,283. During November the price had a considerable fall till $3,607. During the following two months (December, January) the average price had a considerable rise of 201 % 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 151 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $6,578 they are 68 % more affordable than the average price for Makawao . The properties with the lowest average price have 1 bedroom, Their price is 62 % more affordable than the average. After that we have properties with 2 bedrooms priced at $2,136.
With regard to the average prices per sq.feet those properties with 1 bedroom are 100 % more expensive than the average price of ($6 / sq.feet) in Makawao. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 100 % more expensive than the average value aforementioned.
According to average price per property type in Makawao, "" priced at $2,080 is 68 % lower than the average price ($6,578) in this city.