The rent prices in real estate in Wailuku, 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 Wailuku has risen strongly during the last 6 months. In November, the average price per sq.feet was $2.58. In December this price barely changed remaining at $2.57 per sq.feet. The price for the following two months in (January, February) had a considerable rise of 715 %. 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 $10.5 to $2.76 during March, and April.
When referring to the price in Wailuku (cities), this has risen considerably in the last 6 months. The rent price in November is $2,075, rising in December till $2,325. During the following two months (January, February) the price has had an average rise from $2,200 to $2,433.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 118 % 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 $2,933 they are 39 % more affordable than the average price for Wailuku . The properties with the highest average price have 4 bedrooms, Their price is 40 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,525.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,933 it is 43 % more affordable than the average price in Wailuku. "Land" is seen as the second most affordable property type. The most expensive property type is "" followed by "Condo". At a price of $1,700 it is 8 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Apartment" at an average price of $9 / sq.feet followed by "Land" priced at $19 / sq.feet. "Condo" is the most expensive type of property with a $24 / sq.feet value followed by "Land" with an average price of $19 / sq.feet.