Property prices for rent in Sarasota (Florida)
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.
