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 February, the average price per sq.feet was $3.95. In the following month the price per sq.feet fell to $3.69. The price for the following two months in (April, May) fell 95 % with regard to the previous two months. The price per sq.feet has fallen 93 % 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 $3.71 to $3.44 during June, and July.
When referring to the price in Foster City (cities), there have hardly been any changes in the last 6 months. In our first sample month during February, the average price is $3,273. In March This price remains at $3,357. In the following two months the average price has hardly changed with regard to the previous two months from $3,315 to $3,232.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $3,273.75 to $3,087.5 in June and July.
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 $3,106 they are 12 % more affordable than the average price for Foster City . The properties with the highest average price have 3 bedrooms, Their price is 24 % more expensive than the average. After that we have properties with 4 bedrooms priced at $3,349.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.53 / sq.feet, with an average $3.32 / sq.feet price in Foster City. The properties with the most expensive average prices have 1 bedroom. They are 13 % more expensive than the average followed by properties with 2 bedrooms with a price at $3.12 / sq.feet.
According to average price per property type in Foster City, "" priced at $3,349 is 8 % more expensive than the average price ($3,106) in this city.