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 November, the average price per sq.feet was $73. In the following month the price per sq.feet fell to $69. The price for the following two months in (January, February) had a considerable fall of 51 with regard to the previous two months. The price per sq.feet has had a considerable fall of 79 % 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 $53.74 to $42.65 during March, and April.
When referring to the price in Satellite Beach (cities), this has risen considerably in the last 6 months. In our first sample month during November, the average price is $1,698. In December This price remains at $1,631. During the following two months (January, February) the average price had a considerable rise of 118 % 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 123 % 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 $2,256 they are 32 % more affordable than the average price for Satellite Beach . The properties with the highest average price have 4 bedrooms, Their price is 13 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,542.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,256 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 $1,314 it is 9 % 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 $49 / sq.feet. "Townhouse" at an average price of $49 / sq.feet has the highest price and would be directed at more affluent cities.