The rent prices in real estate in Miramar, in the Florida 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 Miramar has had a strong fall during the last 6 months. In September, the average price per sq.feet was $10.35. In the following month the price per sq.feet fell considerably to $6.05. In the following two months the price per sq.feet has practically remained the same, going from $8.2 to $8.06 per sq.feet. The price per sq.feet has risen 107 % 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 $8.13 to $8.69 during January, and February.
When referring to the price in Miramar (cities), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $3,138. In October This price remains at $2,989. In the following two months the average price has hardly changed with regard to the previous two months from $3,063.5 to $3,163.5. 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 $3,113.5 and $2,994 between January and February.
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 $2,862 they are 33 % more affordable than the average price for Miramar . The properties with the highest average price have 4 bedrooms, Their price is 54 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,166.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.49 / sq.feet, with an average $7.86 / sq.feet price in Miramar. The properties with the most affordable average prices have 1 bedroom. They are 70 % more affordable than the average followed by properties with 4 bedrooms with a price at $1.94 / sq.feet.
The graph displaying the average rent prices displays the property type "Villa" as the most affordable one. At an cost of $2,862 it is 19 % more affordable than the average price in Miramar. "Condo" is seen as the second most affordable property type. The most expensive property type is "Land" followed by "Townhouse". At a price of $4,371 it is 58 % 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 $0.21 / sq.feet followed by "Land" priced at $2 / sq.feet. "Detached House" is the most expensive type of property with a $22.65 / sq.feet value followed by "Townhouse" with an average price of $21.48 / sq.feet.