The rent prices in real estate in Cloverdale, 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 Cloverdale has had a strong fall during the last 6 months. In August, the average price per sq.feet was $1.6. In the following month the price per sq.feet rose considerably to $1.84. In the following two months the price per sq.feet has risen 114 %, going from $1.72 to $1.96 per sq.feet. The price per sq.feet has had a considerable fall of 27 % 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 $1.84 to $0.5 during December, and January.
When referring to the price in Cloverdale (cities), this has fallen in the last 6 months. The rent price in August is $2,610, rising in September till $2,770. During the following two months (October, November) the average price had a considerable fall of 80 % 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 106 % 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 $2,651 they are 57 % more affordable than the average price for Cloverdale . The properties with the highest average price have 3 bedrooms, Their price is 10 % more expensive than the average. After that we have properties with 4 bedrooms priced at $2,298.
With regard to the average prices per sq.feet those properties with 4 bedrooms are 2600 % more expensive than the average price of ($27 / sq.feet) in Cloverdale. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 4 bedrooms. They are 2600 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,651 it is 14 % more affordable than the average price in Cloverdale. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Apartment". At a price of $2,268 it is 13 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Apartment" at an average price of $17 / sq.feet followed by "House" priced at $27 / sq.feet. "House" is the most expensive type of property with a $27 / sq.feet value followed by "Apartment" with an average price of $17 / sq.feet.