The rent prices in real estate in Palatka, 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 Palatka has had a strong fall during the last 6 months. In November, the average price per sq.feet was $5.82. In the following month the price per sq.feet rose considerably to $9.22. The price for the following two months in (January, February) had a considerable fall of 22 with regard to the previous two months. The price per sq.feet has had a considerable fall of 33 % 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 $4.58 to $1.5 during March, and April.
When referring to the price in Palatka (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during November, is $2,406. During December the price went through a considerable rise reaching $3,725. During the following two months (January, February) the average price had a considerable fall of 35 % 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 $2,070.5 to $1,497, which means a 72 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 61 % more affordable than the average price of $768 in Palatka. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 61 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 500 % more expensive than the average price of ($12 / sq.feet) in Palatka. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 500 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,965 it is 62 % more affordable than the average price in Palatka. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "". At a price of $743 it is 61 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $12 / sq.feet. "House" at an average price of $12 / sq.feet has the highest price and would be directed at more affluent cities.