The rent prices in real estate in Bermuda Dunes, 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 Bermuda Dunes has had a strong fall during the last 6 months. In July, the average price per sq.feet was $1.27. In the following month the price per sq.feet fell considerably to $1. The price for the following two months in (September, October) had a considerable fall of 64 with regard to the previous two months. The price per sq.feet has had a considerable rise of 125 % 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 $0.93 to $1.17 during November, and December.
When referring to the price in Bermuda Dunes (cities), this has fallen considerably in the last 6 months. The average price for July is $2,298. During August the price had a considerable fall till $1,330. During the following two months (September, October) the average price had a considerable fall of 48 % 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 163 % 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 $2,100 they are 25 % more affordable than the average price for Bermuda Dunes . The properties with the highest average price have 2 bedrooms, Their price is 8 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,269.
With regard to the average prices per sq.feet those properties with 1 bedroom are 124 % more expensive than the average price of ($3 / sq.feet) in Bermuda Dunes. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 124 % more expensive than the average value aforementioned.
According to average price per property type in Bermuda Dunes, "" priced at $3,217 is 53 % more expensive than the average price ($2,100) in this city.