The rent prices in real estate in North Fort Myers, in the Florida 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 North Fort Myers has risen strongly during the last 6 months. In July, the average price per sq.feet was $1.24. In August this price barely changed remaining at $1.3 per sq.feet. The price for the following two months in (September, October) had a considerable rise of 127 %. The price per sq.feet has risen 115 % 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 $1.44 to $1.65 during November, and December.
When referring to the price in North Fort Myers (cities), this has risen considerably in the last 6 months. In our first sample month during July, the average price is $1,440. In August This price remains at $1,473. During the following two months (September, October) the average price had a considerable rise of 139 % 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 increased 107 % during the last two months.
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 $1,716 they are 33 % more affordable than the average price for North Fort Myers . The properties with the highest average price have 3 bedrooms, Their price is 73 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,675.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.54 / sq.feet, with an average $1.58 / sq.feet price in North Fort Myers. The properties with the most expensive average prices have 4 bedrooms. They are 1735 % more expensive than the average followed by properties with 1 bedroom with a price at $1.85 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $1,716 it is 21 % more affordable than the average price in North Fort Myers. "House" is seen as the second most affordable property type. The most affordable property is "" followed by "Commercial". At a price of $1,420 it is 13 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Duplex" at an average price of $12 / sq.feet followed by "Commercial" priced at $17 / sq.feet. "House" is the most expensive type of property with a $29 / sq.feet value followed by "Commercial" with an average price of $17 / sq.feet.