The rent prices in real estate in Pompano Beach, in the Florida 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 Pompano Beach has fallen during the last 6 months. In October, the average price per sq.feet was $9.46. In November this price barely changed remaining at $9.13 per sq.feet. The price for the following two months in (December, January) had a considerable fall of 78 with regard to the previous two months. The price per sq.feet has risen 112 % 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 $8.27 to $9.29 during February, and March.
When referring to the price in Pompano Beach (cities), this has fallen in the last 6 months. The average price for October is $3,128. During November the price had a slight fall till $2,964. In the following two months the average price has hardly changed with regard to the previous two months from $3,046 to $2,900. 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 $2,973 and $2,829.5 between February and March.
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 $2,812 they are 24 % more affordable than the average price for Pompano Beach . The properties with the highest average price have 4 bedrooms, Their price is 145 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,852.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.37 / sq.feet, with an average $12.64 / sq.feet price in Pompano Beach. The properties with the most affordable average prices have 4 bedrooms. They are 71 % more affordable than the average followed by properties with 1 bedroom with a price at $2.74 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,812 it is 9 % more affordable than the average price in Pompano Beach. "Condo" is seen as the second most affordable property type. The most expensive property type is "Villa" followed by "Land". At a price of $5,732 it is 110 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Land" at an average price of $2 / sq.feet followed by "House" priced at $2.58 / sq.feet. "Villa" is the most expensive type of property with a $38.01 / sq.feet value followed by "Apartment" with an average price of $25.43 / sq.feet.