The rent prices in real estate in Sarasota, 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 Sarasota has fallen during the last 6 months. In January, the average price per sq.feet was $3.04. In the following month the price per sq.feet fell to $2.8. The price for the following two months in (March, April) fell 95 % with regard to the previous two months. The price per sq.feet has fallen 91 % 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 $2.84 to $2.6 during May, and June.
When referring to the price in Sarasota (cities), there have hardly been any changes in the last 6 months. In our first sample month during January, the average price is $3,651. In February This price remains at $3,505. In the following two months the average price has hardly changed with regard to the previous two months from $3,578 to $3,577.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $3,577.75 to $3,371.5 in May and June.
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 $3,210 they are 33 % more affordable than the average price for Sarasota . The properties with the highest average price have 4 bedrooms, Their price is 60 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,630.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $2.2 / sq.feet, with an average $2.57 / sq.feet price in Sarasota. The properties with the most expensive average prices have 1 bedroom. They are 12 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.65 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $3,210 it is 43 % more affordable than the average price in Sarasota. "Condo" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $3,247 it is 33 % 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 $2.51 / sq.feet followed by "Townhouse" priced at $57 / sq.feet. "Townhouse" is the most expensive type of property with a $57 / sq.feet value followed by "House" with an average price of $2.51 / sq.feet.