The rent prices in real estate in Fullerton, 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 Fullerton has had a strong fall during the last 6 months. In July, the average price per sq.feet was $16.24. In the following month the price per sq.feet fell considerably to $2.23. The price for the following two months in (September, October) had a considerable fall of 25 with regard to the previous two months. The price per sq.feet has had a considerable fall of 40 % 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 $5.77 to $2.29 during November, and December.
When referring to the price in Fullerton (cities), there have hardly been any changes in the last 6 months. The average price for July is $2,249. During August the price had a slight fall till $1,981. In the following two months the average price has hardly changed with regard to the previous two months from $2,115 to $2,158.5. Based on an analysis of the first four prices and the last two months the average price has increased 106 % 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 $2,298 they are 18 % more affordable than the average price for Fullerton . The properties with the highest average price have 3 bedrooms, Their price is 30 % more expensive than the average. After that we have properties with 4 bedrooms priced at $2,429.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.08 / sq.feet, with an average $2.29 / sq.feet price in Fullerton. The properties with the most expensive average prices have 1 bedroom. They are 17 % more expensive than the average followed by properties with 3 bedrooms with a price at $2.43 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,298 it is 4 % more affordable than the average price in Fullerton. "House" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $2,543 it is 37 % 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 $2.01 / sq.feet followed by "Apartment" priced at $2.47 / sq.feet. "Apartment" is the most expensive type of property with a $2.47 / sq.feet value followed by "House" with an average price of $2.01 / sq.feet.