The rent prices in real estate in Culver City, 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 Culver City has fallen during the last 6 months. In March, the average price per sq.feet was $3.72. In April this price barely changed remaining at $3.56 per sq.feet. The price for the following two months in (May, June) fell 92 % with regard to the previous two months. The price per sq.feet has fallen 94 % 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 $3.5 to $3.29 during July, and August.
When referring to the price in Culver City (cities), this has fallen in the last 6 months. In our first sample month during March, the average price is $3,453. In April This price remains at $3,398. In the following two months the average price has hardly changed with regard to the previous two months from $3,425.5 to $3,329.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 88 %, going from $3,377.5 to $2,980.5 in July and August.
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 $2,987 they are 10 % more affordable than the average price for Culver City . The properties with the highest average price have 4 bedrooms, Their price is 81 % more expensive than the average. After that we have properties with 3 bedrooms priced at $4,256.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $3.2 / sq.feet, with an average $3.29 / sq.feet price in Culver City. The properties with the most expensive average prices have 1 bedroom. They are 14 % more expensive than the average followed by properties with 3 bedrooms with a price at $3.24 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most expensive one. At an cost of $2,987 it is 8 % more expensive than the average price in Culver City. "Office" is seen as the second most expensive property type. The most expensive property type is "Townhouse" followed by "Office". At a price of $3,381 it is 22 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Office" at an average price of $4 / sq.feet followed by "Townhouse" priced at $71 / sq.feet. "Townhouse" is the most expensive type of property with a $71 / sq.feet value followed by "Office" with an average price of $4 / sq.feet.