Property prices for rent in Old Town (Florida)
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 $11. In May this price barely changed remaining at $11 per sq.feet. 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 fallen 91 % 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 $5.5 to $5 during August, and September.
When referring to the price in Old Town (cities), there have hardly been any changes in the last 6 months. In our first sample month during April, the average price is $649. In May This price remains at $649. In the following two months the average price has hardly changed with regard to the previous two months from $649 to $670.5. Based on an analysis of the first four prices and the last two months the average price has increased 106 % 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 $648 they are 0 % 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 $648.
With regard to the average prices per sq.feet those properties with 1 bedroom are 0 % more affordable than the average price of ($10 / sq.feet) in Old Town. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 0 % more affordable than the average value aforementioned.
According to average price per property type in Old Town, "" priced at $740 is 14 % more expensive than the average price ($648) in this city.
