The rent prices in real estate in Big Bear Lake, 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 Big Bear Lake has had a strong fall during the last 6 months. In June, the average price per sq.feet was $1. In July this price barely changed remaining at $1 per sq.feet. The price for the following two months in (August, September) had a considerable fall of 50 with regard to the previous two months. The price per sq.feet has fallen 85 % 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 $0.75 to $0.64 during October, and November.
When referring to the price in Big Bear Lake (cities), this has risen considerably in the last 6 months. In our first sample month during June, the average price is $1,372. In July This price remains at $1,398. During the following two months (August, September) the price has had an average rise from $1,385 to $1,530.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 135 % 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 $1,158 they are 14 % more affordable than the average price for Big Bear Lake . The properties with the highest average price have 3 bedrooms, Their price is 25 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,406.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $12 / sq.feet, with an average / sq.feet price in Big Bear Lake. The properties with the most expensive average prices have 4 bedrooms. They are 2147483647 % more expensive than the average followed by properties with 2 bedrooms with a price at $12 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most expensive one. At an cost of $1,158 it is 20 % more expensive than the average price in Big Bear Lake. "Land" is seen as the second most expensive property type. The most expensive property type is "" followed by "House". At a price of $1,406 it is 25 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Condo" at an average price of $40 / sq.feet followed by "Land" priced at $45 / sq.feet. "House" is the most expensive type of property with a $50 / sq.feet value followed by "Land" with an average price of $45 / sq.feet.