The rent prices in real estate in Margate, in the Florida 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 Margate has fallen during the last 6 months. In June, the average price per sq.feet was $1.71. In the following month the price per sq.feet fell to $1.59. The price for the following two months in (August, September) fell 95 % with regard to the previous two months. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.61 to $1.52 during October y November
When referring to the price in Margate (cities), this has fallen in the last 6 months. In our first sample month during June, the average price is $1,680. In July This price remains at $1,624. In the following two months the average price has hardly changed with regard to the previous two months from $1,652 to $1,590. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $1,621 to $1,520 in October and November.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,497 they are 10 % more affordable than the average price for Margate . The properties with the highest average price have 4 bedrooms, Their price is 48 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,007.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.22 / sq.feet, with an average $1.56 / sq.feet price in Margate. The properties with the most expensive average prices have 1 bedroom. They are 13 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.46 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,497 it is 12 % more affordable than the average price in Margate. "" is seen as the second most affordable property type. The most expensive property type is "Villa" followed by "Condo". At a price of $1,850 it is 54 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1.31 / sq.feet followed by "Townhouse" priced at $1.5 / sq.feet. "Villa" is the most expensive type of property with a $11 / sq.feet value followed by "House" with an average price of $1.67 / sq.feet.