The rent prices in real estate in Big Bear Lake, 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 Big Bear Lake has fallen during the last 6 months. In September, the average price per sq.feet was $1.86. In the following month the price per sq.feet fell considerably to $1.29. In the following two months the price per sq.feet has practically remained the same, going from $1.58 to $1.51 per sq.feet. The price per sq.feet has had a considerable rise of 143 % 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 $1.55 to $2.21 during January, and February.
When referring to the price in Big Bear Lake (cities), this has fallen considerably in the last 6 months. The average price for September is $2,899. During October the price had a considerable fall till $1,830. During the following two months (November, December) the average price had a considerable fall of 81 % 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 increased 105 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $2,266 they are 39 % more affordable than the average price for Big Bear Lake . The properties with the highest average price have 3 bedrooms, Their price is 46 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,906.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $2.24 / sq.feet, with an average $2.21 / sq.feet price in Big Bear Lake. The properties with the most expensive average prices have 4 bedrooms. They are 1846 % more expensive than the average followed by properties with 1 bedroom with a price at $2.79 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $2,266 it is 41 % more affordable than the average price in Big Bear Lake. "House" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $1,392 it is 9 % 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 $13 / sq.feet followed by "House" priced at $43 / sq.feet. "House" is the most expensive type of property with a $43 / sq.feet value followed by "Condo" with an average price of $13 / sq.feet.