The rent prices in real estate in Sarasota, in the Florida region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Sarasota has risen during the last 6 months. In May, the average price per sq.feet was $1.7. In June this price barely changed remaining at $1.7 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.7 to $1.66 per sq.feet. The price per sq.feet has had a considerable rise of 118 % 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 $1.68 to $1.98 during September, and October.
When referring to the price in Sarasota (cities), this has risen in the last 6 months. In our first sample month during May, the average price is $1,909. In June This price remains at $1,892. In the following two months the average price has hardly changed with regard to the previous two months from $1,900.5 to $1,808. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 136 % during the last two months.
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 $2,653 they are 30 % more affordable than the average price for Sarasota . The properties with the highest average price have 4 bedrooms, Their price is 76 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,918.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.69 / sq.feet, with an average $2 / sq.feet price in Sarasota. The properties with the most expensive average prices have 1 bedroom. They are 24 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.36 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,653 it is 42 % more affordable than the average price in Sarasota. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Townhouse". At a price of $2,430 it is 15 % 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 $1.66 / sq.feet followed by "Townhouse" priced at $1.71 / sq.feet. "Condo" is the most expensive type of property with a $2.66 / sq.feet value followed by "Townhouse" with an average price of $1.71 / sq.feet.