The rent prices in real estate in Claremont, 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 Claremont has had a strong fall during the last 6 months. In July, the average price per sq.feet was $37. In the following month the price per sq.feet fell considerably to $1.78. The price for the following two months in (September, October) had a considerable fall of 10 with regard to the previous two months. The price per sq.feet has had a considerable fall of 18 % 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 $10.66 to $1.93 during November, and December.
When referring to the price in Claremont (cities), this has fallen considerably in the last 6 months. The average price for July is $2,470. During August the price had a considerable fall till $1,899. During the following two months (September, October) the average price fell 94 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $2,119.25 to $1,984 in November and December.
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 $1,921 they are 16 % more affordable than the average price for Claremont . The properties with the highest average price have 3 bedrooms, Their price is 38 % more expensive than the average. After that we have properties with 4 bedrooms priced at $2,484.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.84 / sq.feet price in Claremont. The properties with the most expensive average prices have 4 bedrooms. They are 2454 % more expensive than the average followed by properties with 2 bedrooms with a price at $14 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most expensive one. At an cost of $1,921 it is 22 % more expensive than the average price in Claremont. "Condo" is seen as the second most expensive property type. The most expensive property type is "" followed by "House". At a price of $2,484 it is 45 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Townhouse" at an average price of $6 / sq.feet followed by "Condo" priced at $28 / sq.feet. "House" is the most expensive type of property with a $47 / sq.feet value followed by "Condo" with an average price of $28 / sq.feet.