The rent prices in real estate in Alta, in the California 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 Alta has fallen during the last 6 months. In October, the average price per sq.feet was $2.64. In November this price barely changed remaining at $2.63 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.63 to $2.54 per sq.feet. The price per sq.feet has fallen 91 % 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 $2.59 to $2.35 during February, and March.
When referring to the price in Alta (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $2,672. In November This price remains at $2,687. In the following two months the average price has hardly changed with regard to the previous two months from $2,679.5 to $2,644.5. 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 $2,662 and $2,622.5 between February and March.
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 $2,498 they are 28 % more affordable than the average price for Alta . The properties with the highest average price have 4 bedrooms, Their price is 38 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,357.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $2.44 / sq.feet price in Alta. The properties with the most affordable average prices have 1 bedroom. They are 18 % more affordable than the average followed by properties with 2 bedrooms with a price at $1 / sq.feet.
According to average price per property type in Alta, "" priced at $3,180 is 27 % more expensive than the average price ($2,498) in this city.