The rent prices in real estate in Burlingame, 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 Burlingame has fallen during the last 6 months. In January, the average price per sq.feet was $3.81. In the following month the price per sq.feet fell considerably to $2.63. In the following two months the price per sq.feet has risen 110 %, going from $3.22 to $3.56 per sq.feet. The price per sq.feet has risen 114 % 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 $3.39 to $3.85 during May, and June.
When referring to the price in Burlingame (cities), this has fallen in the last 6 months. The average price for January is $3,334. During February the price had a considerable fall till $2,577. During the following two months (March, April) the average price fell 92 % 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 125 % 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 $3,459 they are 30 % more affordable than the average price for Burlingame . The properties with the highest average price have 3 bedrooms, Their price is 78 % more expensive than the average. After that we have properties with 4 bedrooms priced at $5,564.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $3.61 / sq.feet, with an average $3.86 / sq.feet price in Burlingame. The properties with the most expensive average prices have 3 bedrooms. They are 0 % more expensive than the average followed by properties with 1 bedroom with a price at $3.79 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $3,459 it is 21 % more affordable than the average price in Burlingame. "Duplex" is seen as the second most affordable property type. The most affordable property is "Duplex" followed by "". At a price of $2,741 it is 2 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "Duplex with an average cost of $78 / sq.feet. "Duplex" at an average price of $78 / sq.feet has the highest price and would be directed at more affluent cities.