The rent prices in real estate in Big Bear Lake, in the California region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Big Bear Lake has risen strongly during the last 6 months. In April, the average price per sq.feet was $0.98. In the following month the price per sq.feet rose considerably to $1.45. The price for the following two months in (June, July) had a considerable rise of 116 %. The price per sq.feet has had a considerable rise of 115 % 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 $1.31 to $1.51 during August, and September.
When referring to the price in Big Bear Lake (cities), this has risen considerably in the last 6 months. The average price during our first sample month during April, is $1,028. During May the price went through a considerable rise reaching $1,349. During the following two months (June, July) the average price had a considerable rise of 128 % 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 107 % 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 $1,600 they are 37 % more affordable than the average price for Big Bear Lake . The properties with the lowest average price have 3 bedrooms, Their price is 9 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,414.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $16 / sq.feet, with an average $1.55 / sq.feet price in Big Bear Lake. The properties with the most expensive average prices have 4 bedrooms. They are 3384 % more expensive than the average followed by properties with 2 bedrooms with a price at $16 / sq.feet.
The graph displaying the average rent prices displays the property type "Detached House" as the most affordable one. At an cost of $1,600 it is 12 % more affordable than the average price in Big Bear Lake. "House" is seen as the second most affordable property type. The most affordable property is "Apartment" followed by "Duplex". At a price of $1,479 it is 3 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Duplex" at an average price of $9 / sq.feet followed by "Apartment" priced at $10 / sq.feet. "House" is the most expensive type of property with a $54 / sq.feet value followed by "Detached House" with an average price of $49 / sq.feet.