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.