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 June, the average price per sq.feet was $1.63. In July this price barely changed remaining at $1.59 per sq.feet. The price for the following two months in (August, September) had a considerable fall of 47 with regard to the previous two months. The price per sq.feet has had a considerable rise of 2919 % 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 $1.18 to $34.45 during October, and November.
When referring to the price in Colfax (cities), this has risen in the last 6 months. The average price during our first sample month during June, is $1,732. During July the price went through a considerable rise reaching $2,600. During the following two months (August, September) the average price fell 95 % 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 $2,109.25 to $1,545.5, which means a 73 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 18 % more affordable than the average price of $1,427 in Colfax. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 18 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 3742 % more expensive than the average price of ($73 / 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 3742 % 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 $1,744 it is 37 % 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 $1,107 it is 18 % 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 $42 / sq.feet followed by "House" priced at $72 / sq.feet. "House" is the most expensive type of property with a $72 / sq.feet value followed by "Condo" with an average price of $42 / sq.feet.