The rent prices in real estate in Chula Vista, 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 Chula Vista has had a strong fall during the last 6 months. In June, the average price per sq.feet was $8.25. In the following month the price per sq.feet rose considerably to $10.13. The price for the following two months in (August, September) had a considerable fall of 21 with regard to the previous two months. The price per sq.feet has had a considerable fall of 36 % 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 $5.56 to $2.03 during October, and November.
When referring to the price in Chula Vista (cities), this has risen in the last 6 months. In our first sample month during June, the average price is $2,144. In July This price remains at $2,185. During the following two months (August, September) the price has had an average rise from $2,164.5 to $2,382.5. 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 $2,273.5 and $2,223 between October and November.
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 $2,163 they are 24 % more affordable than the average price for Chula Vista . The properties with the highest average price have 4 bedrooms, Their price is 34 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,859.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.38 / sq.feet, with an average $2.1 / sq.feet price in Chula Vista. The properties with the most expensive average prices have 1 bedroom. They are 15 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.09 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,163 it is 5 % more affordable than the average price in Chula Vista. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "Office" followed by "Condo". At a price of $2,654 it is 77 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1.64 / sq.feet followed by "House" priced at $2.22 / sq.feet. "Townhouse" is the most expensive type of property with a $136 / sq.feet value followed by "Office" with an average price of $13 / sq.feet.