The rent prices in real estate in Aliso Viejo, in the California 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 Aliso Viejo has had a strong fall during the last 6 months. In November, the average price per sq.feet was $18.05. In the following month the price per sq.feet fell considerably to $4.33. The price for the following two months in (January, February) had a considerable fall of 23 with regard to the previous two months. The price per sq.feet has had a considerable fall of 38 % 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 $6.86 to $2.62 during March, and April.
When referring to the price in Aliso Viejo (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $2,560. In December This price remains at $2,565. In the following two months the average price has hardly changed with regard to the previous two months from $2,562.5 to $2,605. 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 $2,583.75 and $2,605.5 between March and April.
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 $2,606 they are 17 % more affordable than the average price for Aliso Viejo . The properties with the highest average price have 4 bedrooms, Their price is 39 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,263.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $2.5 / sq.feet price in Aliso Viejo. The properties with the most expensive average prices have 1 bedroom. They are 24 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.35 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,606 it is 20 % more affordable than the average price in Aliso Viejo. "Office" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "Condo". At a price of $2,631 it is 4 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $2 / sq.feet followed by "Condo" priced at $51 / sq.feet. "Condo" is the most expensive type of property with a $51 / sq.feet value followed by "House" with an average price of $2 / sq.feet.