The rent prices in real estate in Corona Del Mar, 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 Corona Del Mar has risen strongly during the last 6 months. In December, the average price per sq.feet was $3.91. In the following month the price per sq.feet fell to $3.5. The price for the following two months in (February, March) had a considerable rise of 1322 %. The price per sq.feet has had a considerable rise of 184 % 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 $26.35 to $48.6 during April, and May.
When referring to the price in Corona Del Mar (cities), this has fallen in the last 6 months. The average price during our first sample month during December, is $5,944. During January the price went through a considerable rise reaching $7,282. During the following two months (February, March) the average price had a considerable fall of 79 % 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 $5,927.75 to $4,761, which means a 80 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $4,672 they are 8 % more affordable than the average price for Corona Del Mar . The properties with the highest average price have 4 bedrooms, Their price is 137 % more expensive than the average. After that we have properties with 1 bedroom priced at $5,820.
With regard to the average prices per sq.feet those properties with 1 bedroom are 736 % more expensive than the average price of ($30 / sq.feet) in Corona Del Mar. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 736 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $4,672 it is 26 % more affordable than the average price in Corona Del Mar. "" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $3,468 it is 16 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $12 / sq.feet. "House" at an average price of $12 / sq.feet has the highest price and would be directed at more affluent cities.