The rent prices in real estate in Costa Mesa, 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 Costa Mesa has risen strongly during the last 6 months. In March, the average price per sq.feet was $2.44. In the following month the price per sq.feet rose considerably to $3.49. The price for the following two months in (May, June) had a considerable rise of 197 %. The price per sq.feet has had a considerable rise of 163 % 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 $4.41 to $7.19 during July, and August.
When referring to the price in Costa Mesa (cities), this has risen considerably in the last 6 months. In our first sample month during March, the average price is $2,063. In April This price remains at $2,159. During the following two months (May, June) the price has had an average rise from $2,111 to $2,378.5. Based on an analysis of the first four prices and the last two months the average price has increased 111 % during the last two months.
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 $2,420 they are 23 % more affordable than the average price for Costa Mesa . The properties with the highest average price have 4 bedrooms, Their price is 82 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,561.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.34 / sq.feet, with an average $2.54 / sq.feet price in Costa Mesa. The properties with the most expensive average prices have 1 bedroom. They are 5 % more expensive than the average followed by properties with 4 bedrooms with a price at $2.56 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,420 it is 8 % more affordable than the average price in Costa Mesa. "Land" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Land". At a price of $2,385 it is 37 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $2.29 / sq.feet followed by "House" priced at $2.6 / sq.feet. "Land" is the most expensive type of property with a $25 / sq.feet value followed by "House" with an average price of $2.6 / sq.feet.