The rent prices in real estate in Foster City, in the Michigan 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 Foster City has fallen during the last 6 months. In August, the average price per sq.feet was $3.68. In the following month the price per sq.feet fell considerably to $3.05. In the following two months the price per sq.feet has practically remained the same, going from $3.37 to $3.34 per sq.feet. The price per sq.feet has risen 107 % 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 $3.35 to $3.58 during December, and January.
When referring to the price in Foster City (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during August, is $3,721. During September the price went through a considerable rise reaching $4,457. During the following two months (October, November) the average price fell 91 % with regard to the previous two months. 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 $3,904 to $3,435.5 in December and January.
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 $3,466 they are 8 % more affordable than the average price for Foster City . The properties with the highest average price have 4 bedrooms, Their price is 64 % more expensive than the average. After that we have properties with 3 bedrooms priced at $5,047.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $2.84 / sq.feet, with an average $3.76 / sq.feet price in Foster City. The properties with the most expensive average prices have 1 bedroom. They are 14 % more expensive than the average followed by properties with 2 bedrooms with a price at $3.55 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $3,466 it is 9 % more affordable than the average price in Foster City. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $4,063 it is 49 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $2.83 / sq.feet followed by "Condo" priced at $3 / sq.feet. "Apartment" is the most expensive type of property with a $3.92 / sq.feet value followed by "Condo" with an average price of $3 / sq.feet.