The rent prices in real estate in Princeville, 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 Princeville has fallen during the last 6 months. In October, the average price per sq.feet was $4.03. In November this price barely changed remaining at $4 per sq.feet. The price for the following two months in (December, January) had a considerable rise of 125 %. The price per sq.feet has had a considerable fall of 55 % 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 $4.51 to $2.5 during February, and March.
When referring to the price in Princeville (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $10,033. During November the price went through a considerable rise reaching $13,936. During the following two months (December, January) the average price had a considerable rise of 126 % 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 $13,530 to $10,499, which means a 78 % fall.
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 $9,355 they are 74 % more affordable than the average price for Princeville . The properties with the lowest average price have 2 bedrooms, Their price is 59 % more affordable than the average. After that we have properties with 4 bedrooms priced at $3,792.
According to average price per property type in Princeville, "" priced at $3,792 is 59 % lower than the average price ($9,355) in this city.