The rent prices in real estate in Diamond Bar, 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 Diamond Bar has fallen during the last 6 months. In October, the average price per sq.feet was $2.52. In November this price barely changed remaining at $2.48 per sq.feet. The price for the following two months in (December, January) fell 92 % with regard to the previous two months. The price per sq.feet has fallen 95 % 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 $2.4 to $2.28 during February, and March.
When referring to the price in Diamond Bar (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $3,900. In November This price remains at $3,798. During the following two months (December, January) the price has had an average rise from $3,849 to $4,076. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $3,962.5 and $4,152 between February and March.
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 $4,001 they are 52 % more affordable than the average price for Diamond Bar . The properties with the highest average price have 4 bedrooms, Their price is 25 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,740.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.29 / sq.feet, with an average $2.3 / sq.feet price in Diamond Bar. The properties with the most expensive average prices have 2 bedrooms. They are 9 % more expensive than the average followed by properties with 1 bedroom with a price at $2.44 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $4,001 it is 44 % more affordable than the average price in Diamond Bar. "Condo" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "House". At a price of $4,496 it is 20 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $2 / sq.feet followed by "House" priced at $2.21 / sq.feet. "Land" is the most expensive type of property with a $2.5 / sq.feet value followed by "Condo" with an average price of $2.46 / sq.feet.