The rent prices in real estate in Glen Ellen, 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 Glen Ellen has had a strong fall during the last 6 months. In October, the average price per sq.feet was $3.88. In the following month the price per sq.feet fell considerably to $2. The price for the following two months in (December, January) had a considerable fall of 34 with regard to the previous two months. The price per sq.feet has had a considerable fall of 76 % 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 $1.97 to $1.5 during February, and March.
When referring to the price in Glen Ellen (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $2,513. During November the price went through a considerable rise reaching $4,780. During the following two months (December, January) the average price had a considerable rise of 137 % 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 89 %, going from $4,318.75 to $3,823 in February and March.
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 $3,084 they are 16 % more affordable than the average price for Glen Ellen . The properties with the highest average price have 2 bedrooms, Their price is 30 % more expensive than the average. After that we have properties with 4 bedrooms priced at $3,952.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most expensive ones at a cost of $88 / sq.feet, with an average $1 / sq.feet price in Glen Ellen. The properties with the most expensive average prices have 2 bedrooms. They are 17200 % more expensive than the average followed by properties with 4 bedrooms with a price at $159 / sq.feet.
The graph displaying the average rent prices displays the property type "Commercial" as the most expensive one. At an cost of $3,084 it is 25 % more expensive than the average price in Glen Ellen. "House" is seen as the second most expensive property type. The most expensive property type is "House" followed by "Commercial". At a price of $3,852 it is 28 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Commercial" at an average price of $134 / sq.feet followed by "House" priced at $159 / sq.feet. "House" is the most expensive type of property with a $159 / sq.feet value followed by "Commercial" with an average price of $134 / sq.feet.