The rent prices in real estate in Colfax, 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 Colfax has had a strong fall during the last 6 months. In October, the average price per sq.feet was $71. In November this price barely changed remaining at $71 per sq.feet. The price for the following two months in (December, January) had a considerable fall of 68 with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 $59.59 to during February, and March.
When referring to the price in Colfax (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,355. In November This price remains at $1,355. In the following two months the average price has hardly changed with regard to the previous two months from $1,355 to $1,375.5. 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 $1,365.25 and $1,426 between February and March.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 5 % more affordable than the average price of $1,447 in Colfax. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 5 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 2147483647 % more expensive than the average price of ($83 / sq.feet) in Colfax. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 2147483647 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $1,525 it is 25 % more affordable than the average price in Colfax. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Condo". At a price of $1,137 it is 5 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Condo" at an average price of $57 / sq.feet followed by "House" priced at $82 / sq.feet. "House" is the most expensive type of property with a $82 / sq.feet value followed by "Condo" with an average price of $57 / sq.feet.