The rent prices in real estate in Pearl City, in the Hawaii region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Pearl City has fallen during the last 6 months. In February, the average price per sq.feet was $2.57. In the following month the price per sq.feet fell to $2.2. The price for the following two months in (April, May) fell 94 % with regard to the previous two months. The price per sq.feet has fallen 93 % 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 $2.31 to $2.15 during June, and July.
When referring to the price in Pearl City (cities), this has risen in the last 6 months. The average price during our first sample month during February, is $1,993. During March the price went through a considerable rise reaching $2,427. In the following two months the average price has hardly changed with regard to the previous two months from $2,210 to $2,143. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $2,176.5 and $2,144.5 between June and July.
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 $2,170 they are 30 % more affordable than the average price for Pearl City . The properties with the highest average price have 4 bedrooms, Their price is 17 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,469.
With regard to the average prices per sq.feet those properties with 1 bedroom are 54 % more expensive than the average price of ($3 / sq.feet) in Pearl City. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 54 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,170 it is 24 % more affordable than the average price in Pearl City. "Condo" is seen as the second most affordable property type. The most affordable property is "" followed by "Condo". At a price of $1,975 it is 2 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Apartment" at an average price of $2 / sq.feet followed by "Condo" priced at $13 / sq.feet. "Condo" is the most expensive type of property with a $13 / sq.feet value followed by "Apartment" with an average price of $2 / sq.feet.