The rent prices in real estate in North Miami, in the Oklahoma 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 North Miami has fallen during the last 6 months. In September, the average price per sq.feet was $12.04. In the following month the price per sq.feet fell considerably to $8.43. The price for the following two months in (November, December) had a considerable rise of 123 %. The price per sq.feet has fallen 88 % 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 $11.4 to $10.06 during January, and February.
When referring to the price in North Miami (cities), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $2,858. In October This price remains at $2,716. During the following two months (November, December) the price has had an average rise from $2,787 to $2,948. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 90 %, going from $2,867.5 to $2,586.5 in 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 $2,649 they are 32 % more affordable than the average price for North Miami . The properties with the highest average price have 4 bedrooms, Their price is 235 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,871.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.41 / sq.feet, with an average $10.77 / sq.feet price in North Miami. The properties with the most affordable average prices have 4 bedrooms. They are 64 % more affordable than the average followed by properties with 3 bedrooms with a price at $2.34 / sq.feet.
The graph displaying the average rent prices displays the property type "Villa" as the most affordable one. At an cost of $2,649 it is 19 % more affordable than the average price in North Miami. "House" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "Condo". At a price of $2,436 it is 24 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $0.82 / sq.feet followed by "Villa" priced at $2.37 / sq.feet. "Townhouse" is the most expensive type of property with a $22.98 / sq.feet value followed by "Condo" with an average price of $22.43 / sq.feet.