The rent prices in real estate in Summerland Key, 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 Summerland Key has fallen during the last 6 months. In October, the average price per sq.feet was $13.92. In the following month the price per sq.feet fell to $12.25. In the following two months the price per sq.feet has risen 112 %, going from $13.09 to $14.68 per sq.feet. The price per sq.feet has fallen 87 % 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 $13.88 to $12.07 during February, and March.
When referring to the price in Summerland Key (cities), this has fallen in the last 6 months. The average price for October is $7,357. During November the price had a slight fall till $6,650. During the following two months (December, January) the average price had a considerable fall of 82 % 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 increased 107 % 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 $6,993 they are 56 % more affordable than the average price for Summerland Key . The properties with the lowest average price have 4 bedrooms, Their price is 53 % more affordable than the average. After that we have properties with 1 bedroom priced at $3,043.
With regard to the average prices per sq.feet those properties with 4 bedrooms are 950 % more expensive than the average price of ($63 / sq.feet) in Summerland Key. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 4 bedrooms. They are 950 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $6,993 it is 58 % more affordable than the average price in Summerland Key. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "". At a price of $2,930 it is 53 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $63 / sq.feet. "House" at an average price of $63 / sq.feet has the highest price and would be directed at more affluent cities.