Property prices for rent in Berkeley (California)
The rent prices in real estate in Berkeley, 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 Berkeley has fallen during the last 6 months. In March, the average price per sq.feet was $5.19. In the following month the price per sq.feet fell to $4.78. The price for the following two months in (May, June) fell 89 % with regard to the previous two months. The price per sq.feet has fallen 89 % 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 $4.72 to $4.22 during July, and August.
When referring to the price in Berkeley (cities), there have hardly been any changes in the last 6 months. The average price for March is $3,118. During April the price had a slight fall till $2,850. During the following two months (May, June) the price has had an average rise from $2,984 to $3,268. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $3,126 to $2,954 in July and August.
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 $2,745 they are 5 % more affordable than the average price for Berkeley . The properties with the highest average price have 3 bedrooms, Their price is 53 % more expensive than the average. After that we have properties with 4 bedrooms priced at $3,902.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $2.38 / sq.feet, with an average $3.76 / sq.feet price in Berkeley. The properties with the most expensive average prices have 3 bedrooms. They are 20 % more expensive than the average followed by properties with 1 bedroom with a price at $4.23 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most expensive one. At an cost of $2,745 it is 1 % more expensive than the average price in Berkeley. "Duplex" is seen as the second most expensive property type. The most expensive property type is "" followed by "Condo". At a price of $3,371 it is 112 % 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 $3.67 / sq.feet followed by "Condo" priced at $4.31 / sq.feet. "Duplex" is the most expensive type of property with a $18 / sq.feet value followed by "Condo" with an average price of $4.31 / sq.feet.
