The rent prices in real estate in Foothill Ranch, 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 Foothill Ranch has risen strongly during the last 6 months. In July, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $2.28. The price for the following two months in (September, October) had a considerable rise of 194 %. The price per sq.feet has had a considerable rise of 130 % 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 $1.68 to $2.17 during November, and December.
When referring to the price in Foothill Ranch (cities), this has risen considerably in the last 6 months. The average price during our first sample month during July, is . During August the price went through a considerable rise reaching $2,275. During the following two months (September, October) the average price had a considerable rise of 228 % 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 had a strong increase of 148 % 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 $2,689 they are 35 % more affordable than the average price for Foothill Ranch . The properties with the highest average price have 3 bedrooms, Their price is 43 % more expensive than the average. After that we have properties with 4 bedrooms priced at $3,545.
With regard to the average prices per sq.feet those properties with 3 bedrooms are 4250 % more expensive than the average price of ($97 / sq.feet) in Foothill Ranch. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 3 bedrooms. They are 4250 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,689 it is 32 % more affordable than the average price in Foothill Ranch. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Townhouse". At a price of $2,438 it is 61 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Townhouse" at an average price of $26 / sq.feet followed by "House" priced at $56 / sq.feet. "House" is the most expensive type of property with a $56 / sq.feet value followed by "Townhouse" with an average price of $26 / sq.feet.