The rent prices in real estate in El Cajon, 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 El Cajon has risen strongly during the last 6 months. In April, the average price per sq.feet was $1.47. In the following month the price per sq.feet rose considerably to $5.02. The price for the following two months in (June, July) had a considerable rise of 248 %. The price per sq.feet has had a considerable fall of 33 % 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 $5.64 to $1.88 during August, and September.
When referring to the price in El Cajon (cities), this has risen considerably in the last 6 months. The average price during our first sample month during April, is $1,212. During May the price went through a considerable rise reaching $1,813. During the following two months (June, July) the average price had a considerable rise of 116 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 107 % 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 $1,709 they are 18 % more affordable than the average price for El Cajon . The properties with the highest average price have 4 bedrooms, Their price is 92 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,302.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.7 / sq.feet, with an average $1.89 / sq.feet price in El Cajon. The properties with the most expensive average prices have 1 bedroom. They are 18 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.88 / sq.feet.
The graph displaying the average rent prices displays the property type "Detached House" as the most affordable one. At an cost of $1,709 it is 3 % more affordable than the average price in El Cajon. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Duplex". At a price of $1,787 it is 42 % 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 $1.68 / sq.feet followed by "Condo" priced at $1.78 / sq.feet. "Duplex" is the most expensive type of property with a $35 / sq.feet value followed by "Detached House" with an average price of $3 / sq.feet.