The rent prices in real estate in Corning, 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 Corning has had a strong fall during the last 6 months. In November, the average price per sq.feet was $4.27. In the following month the price per sq.feet fell to $3.97. The price for the following two months in (January, February) had a considerable fall of 68 with regard to the previous two months. The price per sq.feet has had a considerable fall of 78 % 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 $3.46 to $2.71 during March, and April.
When referring to the price in Corning (cities), this has risen considerably in the last 6 months. In our first sample month during November, the average price is $1,213. In December This price remains at $1,242. During the following two months (January, February) the average price had a considerable rise of 121 % 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 had a strong increase of 135 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 65 % more affordable than the average price of $603 in Corning. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 65 % more affordable than the average aforementioned.
According to average price per property type in Corning, "" priced at $603 is 65 % lower than the average price ($1,711) in this city.