The rent prices in real estate in Old Town, 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 Old Town has had a strong fall during the last 6 months. In April, the average price per sq.feet was $3. In the following month the price per sq.feet fell considerably to . The price for the following two months in (June, July) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable rise of 133 % 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 $0.75 to $1 during August, and September.
When referring to the price in Old Town (cities), this has risen considerably in the last 6 months. The average price during our first sample month during April, is $641. During May the price went through a considerable rise reaching $1,598. In the following two months the average price has hardly changed with regard to the previous two months from $1,119.5 to $1,168. During the last two months the average price has fallen greatly compared to the previous four going from $1,143.75 to $689, which means a 60 % fall.
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 $640 they are 1 % more affordable than the average price for Old Town . The properties with the highest average price have 2 bedrooms, Their price is 14 % more expensive than the average. After that we have properties with 1 bedroom priced at $636.
According to average price per property type in Old Town, "" priced at $724 is 13 % more expensive than the average price ($640) in this city.