The rent prices in real estate in Volcano, in the Hawaii region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Volcano has risen strongly during the last 6 months. In September, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $15. The price for the following two months in (November, December) had a considerable fall of 19 with regard to the previous two months. The price per sq.feet has had a considerable fall of 26 % 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 $4.74 to $1.21 during January, and February.
When referring to the price in Volcano (cities), this has risen considerably in the last 6 months. The average price during our first sample month during September, is $912. During October the price went through a considerable rise reaching $2,382. During the following two months (November, December) the average price had a considerable rise of 134 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $1,924.75 to $1,268, which means a 66 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,342 they are 31 % more affordable than the average price for Volcano . The properties with the lowest average price have 1 bedroom, Their price is 21 % more affordable than the average. After that we have properties with 3 bedrooms priced at $937.
With regard to the average prices per sq.feet those properties with 1 bedroom are 920 % more expensive than the average price of ($15 / sq.feet) in Volcano. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 920 % more expensive than the average value aforementioned.
According to average price per property type in Volcano, "" priced at $932 is 31 % lower than the average price ($1,342) in this city.