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 December, the average price per sq.feet was $5.91. In the following month the price per sq.feet fell considerably to $3.93. The price for the following two months in (February, March) had a considerable fall of 59 with regard to the previous two months. The price per sq.feet has risen 106 % 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 $3.91 to $4.15 during April, and May.
When referring to the price in Miramar (cities), this has fallen in the last 6 months. In our first sample month during December, the average price is $3,252. In January This price remains at $3,121. In the following two months the average price has hardly changed with regard to the previous two months from $3,186.5 to $3,115.5. 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 $3,151 and $2,996.5 between April and May.
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 $3,042 they are 29 % more affordable than the average price for Miramar . The properties with the highest average price have 4 bedrooms, Their price is 46 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,115.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.96 / sq.feet, with an average $5.38 / sq.feet price in Miramar. The properties with the most affordable average prices have 1 bedroom. They are 50 % more affordable than the average followed by properties with 2 bedrooms with a price at $2.36 / sq.feet.
The graph displaying the average rent prices displays the property type "Villa" as the most affordable one. At an cost of $3,042 it is 20 % more affordable than the average price in Miramar. "House" is seen as the second most affordable property type. The most expensive property type is "Detached House" followed by "Condo". At a price of $3,588 it is 27 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Detached House" at an average price of $2.03 / sq.feet followed by "House" priced at $2.41 / sq.feet. "Townhouse" is the most expensive type of property with a $22.49 / sq.feet value followed by "Condo" with an average price of $4 / sq.feet.