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 September, the average price per sq.feet was $2. In October this price barely changed remaining at $2 per sq.feet. The price for the following two months in (November, December) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 $1 to during January, and February.
When referring to the price in Old Town (cities), this has risen considerably in the last 6 months. In our first sample month during September, the average price is $640. In October This price remains at $640. During the following two months (November, December) the average price had a considerable rise of 249 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $1,118 to $737, which means a 66 % 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 $737 they are 14 % more affordable than the average price for Old Town . The properties with the lowest average price have 2 bedrooms, Their price is 2 % more affordable than the average. After that we have properties with 1 bedroom priced at $631.
According to average price per property type in Old Town, "" priced at $719 is 2 % lower than the average price ($737) in this city.