The rent prices in real estate in Carmel, in the California region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Carmel has barely changed in the last 6 months. In September, the average price per sq.feet was $3.89. In the following month the price per sq.feet rose to $4.22. In the following two months the price per sq.feet has practically remained the same, going from $4.05 to $4.14 per sq.feet. The price per sq.feet has fallen 95 % 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 $4.1 to $3.88 during January, and February.
When referring to the price in Carmel (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during September, is $5,979. During October the price went through a considerable rise reaching $7,802. During the following two months (November, December) the average price had a considerable fall of 82 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $6,278.75 and $6,102.5 between January and February.
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 $5,826 they are 50 % more affordable than the average price for Carmel . The properties with the highest average price have 3 bedrooms, Their price is 26 % more expensive than the average. After that we have properties with 2 bedrooms priced at $4,768.
With regard to the average prices per sq.feet those properties with 4 bedrooms are 1611 % more expensive than the average price of ($70 / sq.feet) in Carmel. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 4 bedrooms. They are 1611 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $5,826 it is 41 % more affordable than the average price in Carmel. "Condo" is seen as the second most affordable property type. The most affordable property is "House" followed by "Condo". At a price of $3,539 it is 23 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $70 / sq.feet followed by "Townhouse" priced at $92 / sq.feet. "Condo" is the most expensive type of property with a $117 / sq.feet value followed by "Townhouse" with an average price of $92 / sq.feet.