The rent prices in real estate in California City, 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 California City has had a strong fall during the last 6 months. In June, the average price per sq.feet was $0.94. In July this price barely changed remaining at $0.93 per sq.feet. The price for the following two months in (August, September) had a considerable fall of 36 with regard to the previous two months. The price per sq.feet has had a considerable rise of 130 % 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 $0.64 to $0.83 during October, and November.
When referring to the price in California City (cities), there have hardly been any changes in the last 6 months. The rent price in June is $1,099, rising in July till $1,175. During the following two months (August, September) the average price fell 89 % 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 showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 2 % more affordable than the average price of $1,010 in California City. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 2 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 495 % more expensive than the average price of ($5 / sq.feet) in California City. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 495 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,033 it is 2 % more affordable than the average price in California City. "Duplex" is seen as the second most affordable property type. The most expensive property type is "Duplex" followed by "House". At a price of $1,010 it is 4 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $5 / sq.feet followed by "Duplex" priced at $11 / sq.feet. "Duplex" is the most expensive type of property with a $11 / sq.feet value followed by "House" with an average price of $5 / sq.feet.