The rent prices in real estate in Benicia, 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 Benicia has had a strong fall during the last 6 months. In January, the average price per sq.feet was $62.7. In the following month the price per sq.feet fell considerably to $2.12. The price for the following two months in (March, April) had a considerable fall of 6 with regard to the previous two months. The price per sq.feet has had a considerable fall of 12 % 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 $17.2 to $1.98 during May, and June.
When referring to the price in Benicia (cities), this has fallen in the last 6 months. The average price for January is $2,165. During February the price had a slight fall till $1,850. During the following two months (March, April) the average price fell 87 % 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 had a strong increase of 124 % 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 $2,499 they are 31 % more affordable than the average price for Benicia . The properties with the highest average price have 3 bedrooms, Their price is 32 % more expensive than the average. After that we have properties with 4 bedrooms priced at $2,150.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1 / sq.feet, with an average $1.81 / sq.feet price in Benicia. The properties with the most expensive average prices have 4 bedrooms. They are 3104 % more expensive than the average followed by properties with 3 bedrooms with a price at $42 / sq.feet.
With regard to the average price based upon the property in Benicia we can see that the most affordable property type is "House" at a price of $2,150, they are 14 % cheaper than the average price of (!PRECIO2!). "House" has the most affordable price. This price is 14 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $58 / sq.feet. "House" at an average price of $58 / sq.feet has the highest price and would be directed at more affluent cities.