The rent prices in real estate in Fremont, 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 Fremont has risen strongly during the last 6 months. In September, the average price per sq.feet was $2.75. In October this price barely changed remaining at $2.72 per sq.feet. The price for the following two months in (November, December) had a considerable rise of 1189 %. The price per sq.feet has had a considerable rise of 123 % 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 $17.63 to $21.72 during January, and February.
When referring to the price in Fremont (cities), this has risen in the last 6 months. In our first sample month during September, the average price is $2,470. In October This price remains at $2,562. During the following two months (November, December) the price has had an average rise from $2,516 to $2,758.5. Based on an analysis of the first four prices and the last two months the average price has increased 108 % 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 $2,943 they are 29 % more affordable than the average price for Fremont . The properties with the highest average price have 4 bedrooms, Their price is 32 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,342.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $2.17 / sq.feet, with an average $40.62 / sq.feet price in Fremont. The properties with the most affordable average prices have 2 bedrooms. They are 55 % more affordable than the average followed by properties with 1 bedroom with a price at $3.19 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,943 it is 16 % more affordable than the average price in Fremont. "Duplex" is seen as the second most affordable property type. The most expensive property type is "Office" followed by "Condo". At a price of $3,313 it is 17 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Office" at an average price of $2 / sq.feet followed by "Condo" priced at $2.31 / sq.feet. "Townhouse" is the most expensive type of property with a $94.01 / sq.feet value followed by "Duplex" with an average price of $17 / sq.feet.