The rent prices in real estate in Parkland, 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 Parkland has had a strong fall during the last 6 months. In July, the average price per sq.feet was $2.5. In the following month the price per sq.feet fell considerably to $1.68. The price for the following two months in (September, October) had a considerable fall of 76 with regard to the previous two months. The price per sq.feet has fallen 90 % 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 $1.84 to $1.65 during November, and December.
When referring to the price in Parkland (cities), this has risen in the last 6 months. In our first sample month during July, the average price is $2,675. In August This price remains at $2,598. During the following two months (September, October) the price has had an average rise from $2,636.5 to $2,801. Based on an analysis of the first four prices and the last two months the average price has increased 114 % 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 $3,243 they are 54 % more affordable than the average price for Parkland . The properties with the highest average price have 4 bedrooms, Their price is 21 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,946.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.51 / sq.feet, with an average $1.63 / sq.feet price in Parkland. The properties with the most expensive average prices have 3 bedrooms. They are 8 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.71 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most expensive one. At an cost of $3,243 it is 33 % more expensive than the average price in Parkland. "Apartment" is seen as the second most expensive property type. The most expensive property type is "Condo" followed by "Apartment". At a price of $4,578 it is 68 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.29 / sq.feet followed by "Apartment" priced at $1.57 / sq.feet. "Condo" is the most expensive type of property with a $1.87 / sq.feet value followed by "Apartment" with an average price of $1.57 / sq.feet.