The rent prices in real estate in Corte Madera, in the California region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Corte Madera has fallen during the last 6 months. In October, the average price per sq.feet was $5.8. In the following month the price per sq.feet fell to $5.42. In the following two months the price per sq.feet has practically remained the same, going from $5.61 to $5.38 per sq.feet. The price per sq.feet has fallen 92 % 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 $5.49 to $5.08 during February, and March.
When referring to the price in Corte Madera (cities), this has fallen considerably in the last 6 months. The average price for October is $16,536. During November the price had a considerable fall till $12,244. During the following two months (December, January) the average price had a considerable fall of 84 % 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 $13,218.25 to $10,197, which means a 77 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $10,425 they are 65 % more affordable than the average price for Corte Madera . The properties with the highest average price have 4 bedrooms, Their price is 113 % more expensive than the average. After that we have properties with 3 bedrooms priced at $10,381.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $3 / sq.feet, with an average $5.3 / sq.feet price in Corte Madera. The properties with the most affordable average prices have 4 bedrooms. They are 6 % more affordable than the average followed by properties with 3 bedrooms with a price at $4 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $10,425 it is 61 % more affordable than the average price in Corte Madera. "House" is seen as the second most affordable property type. The most expensive property type is "Detached House" followed by "House". At a price of $18,178 it is 106 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $3 / sq.feet followed by "House" priced at $5 / sq.feet. "House" is the most affordable type of property with a $5 / sq.feet value followed by "Apartment" with an average price of $3 / sq.feet.