Property prices for rent in Colfax (California)
The rent prices in real estate in Colfax, in the California region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Colfax has risen strongly during the last 6 months. In March, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $1.53. In the following two months the price per sq.feet has risen 107 %, going from $1.26 to $1.35 per sq.feet. The price per sq.feet has had a considerable fall of 76 % 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 $1.31 to $1 during July, and August.
When referring to the price in Colfax (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during March, is $2,125. During April the price went through a considerable rise reaching $2,482. During the following two months (May, June) the average price fell 87 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $2,153.25 to $1,808, which means a 84 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $2,130 they are 34 % more affordable than the average price for Colfax . The properties with the lowest average price have 2 bedrooms, Their price is 26 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,484.
With regard to the average prices per sq.feet those properties with 3 bedrooms are 6600 % more expensive than the average price of ($67 / sq.feet) in Colfax. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 3 bedrooms. They are 6600 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $2,130 it is 50 % 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 "Land". At a price of $1,075 it is 34 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Land" at an average price of $26 / sq.feet followed by "House" priced at $66 / sq.feet. "House" is the most expensive type of property with a $66 / sq.feet value followed by "Land" with an average price of $26 / sq.feet.
