The rent prices in real estate in Satellite Beach, 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 Satellite Beach has had a strong fall during the last 6 months. In July, the average price per sq.feet was $57.44. In the following month the price per sq.feet fell considerably to $43.54. The price for the following two months in (September, October) had a considerable fall of 3 with regard to the previous two months. The price per sq.feet has had a considerable fall of 7 % 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 $26.12 to $1.75 during November, and December.
When referring to the price in Satellite Beach (cities), this has risen in the last 6 months. In our first sample month during July, the average price is $2,042. In August This price remains at $2,056. During the following two months (September, October) the average price had a considerable rise of 120 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $2,252.25 and $2,342.5 between November and December.
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 $2,257 they are 32 % more affordable than the average price for Satellite Beach . The properties with the highest average price have 3 bedrooms, Their price is 23 % more expensive than the average. After that we have properties with 4 bedrooms priced at $2,547.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.57 / sq.feet, with an average $1.76 / sq.feet price in Satellite Beach. The properties with the most expensive average prices have 1 bedroom. They are 20 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.85 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,257 it is 42 % more affordable than the average price in Satellite Beach. "Townhouse" is seen as the second most affordable property type. The most affordable property is "Townhouse" followed by "". At a price of $1,308 it is 10 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "Townhouse with an average cost of $41 / sq.feet. "Townhouse" at an average price of $41 / sq.feet has the highest price and would be directed at more affluent cities.