The rent prices in real estate in Oak Island, in the North Carolina 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 Oak Island has risen strongly during the last 6 months. In March, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to . The price for the following two months in (May, June) had a considerable rise of 2147483647 %. The price per sq.feet has had a considerable rise of 1628 % 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 $0.6 to $9.73 during July, and August.
When referring to the price in Oak Island (cities), this has risen considerably in the last 6 months. In our first sample month during March, the average price is $1,229. In April This price remains at $1,229. During the following two months (May, June) the average price had a considerable rise of 137 % 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 112 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 2 % more affordable than the average price of $1,235 in Oak Island. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 2 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 83 % more affordable than the average price of ($3 / sq.feet) in Oak Island. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 83 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $1,265 it is 20 % more affordable than the average price in Oak Island. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Land". At a price of $1,006 it is 2 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $3 / sq.feet followed by "Land" priced at $9 / sq.feet. "Land" is the most affordable type of property with a $9 / sq.feet value followed by "House" with an average price of $3 / sq.feet.