The rent prices in real estate in Forest Ranch, in the California region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Forest Ranch has had a strong fall during the last 6 months. In October, the average price per sq.feet was $40. In the following month the price per sq.feet fell considerably to $1.05. The price for the following two months in (December, January) had a considerable fall of 5 with regard to the previous two months. The price per sq.feet has had a considerable fall of 56 % 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 $10.77 to $6 during February, and March.
When referring to the price in Forest Ranch (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $1,307. During November the price went through a considerable rise reaching $2,928. During the following two months (December, January) the average price had a considerable rise of 124 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $2,369 to $1,748.5, which means a 74 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,303 they are 6 % more affordable than the average price for Forest Ranch . The properties with the lowest average price have 1 bedroom, Their price is 6 % more affordable than the average. After that we have properties with 4 bedrooms priced at $1,219.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most expensive ones at a cost of $32 / sq.feet, with an average $12 / sq.feet price in Forest Ranch. The properties with the most expensive average prices have 1 bedroom. They are 208 % more expensive than the average followed by properties with 4 bedrooms with a price at $32 / sq.feet.
With regard to the average price based upon the property in Forest Ranch we can see that the most affordable property type is "House" at a price of $1,219, they are 6 % cheaper than the average price of (!PRECIO2!). "House" has the most affordable price. This price is 6 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $32 / sq.feet. "House" at an average price of $32 / sq.feet has the highest price and would be directed at more affluent cities.