The rent prices in real estate in Sanibel, 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 Sanibel has had a strong fall during the last 6 months. In November, the average price per sq.feet was $4. In the following month the price per sq.feet fell considerably to $3. The price for the following two months in (January, February) had a considerable fall of 29 with regard to the previous two months. The price per sq.feet has had a considerable rise of 184 % 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 $2.25 to $4.14 during March, and April.
When referring to the price in Sanibel (cities), this has fallen considerably in the last 6 months. The rent price in November is $9,323, rising in December till $10,334. During the following two months (January, February) the average price had a considerable fall of 48 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 122 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $9,399 they are 74 % more affordable than the average price for Sanibel . The properties with the lowest average price have 1 bedroom, Their price is 69 % more affordable than the average. After that we have properties with 2 bedrooms priced at $2,405.
According to average price per property type in Sanibel, "" priced at $2,405 is 74 % lower than the average price ($9,399) in this city.