The rent prices in real estate in Pahoa, in the Hawaii 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 Pahoa has had a strong fall during the last 6 months. In November, the average price per sq.feet was $3.63. In the following month the price per sq.feet fell considerably to $1.15. The price for the following two months in (January, February) had a considerable fall of 38 with regard to the previous two months. The price per sq.feet has had a considerable rise of 164 % 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 $1.65 to $2.7 during March, and April.
When referring to the price in Pahoa (cities), this has fallen considerably in the last 6 months. The average price for November is $6,849. During December the price had a considerable fall till $1,358. During the following two months (January, February) the average price had a considerable fall of 26 % 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 had a strong increase of 208 % 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 $9,181 they are 94 % more affordable than the average price for Pahoa . The properties with the lowest average price have 2 bedrooms, Their price is 87 % more affordable than the average. After that we have properties with 3 bedrooms priced at $1,038.
According to average price per property type in Pahoa, "" priced at $778 is 92 % lower than the average price ($9,181) in this city.