The rent prices in real estate in Grand Terrace, in the California 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 Grand Terrace has fallen during the last 6 months. In October, the average price per sq.feet was $2.39. In November this price barely changed remaining at $2.36 per sq.feet. The price for the following two months in (December, January) fell 88 % with regard to the previous two months. The price per sq.feet has fallen 88 % 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 $2.23 to $1.97 during February, and March.
When referring to the price in Grand Terrace (cities), this has risen in the last 6 months. The rent price in October is $2,255, rising in November till $2,441. In the following two months the average price has hardly changed with regard to the previous two months from $2,348 to $2,419. Based on an analysis of the first four prices and the last two months the average price has increased 115 % 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 $2,937 they are 47 % more affordable than the average price for Grand Terrace . The properties with the highest average price have 4 bedrooms, Their price is 15 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,905.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $2.03 / sq.feet price in Grand Terrace. The properties with the most affordable average prices have 1 bedroom. They are 1 % more affordable than the average followed by properties with 3 bedrooms with a price at $1 / sq.feet.
According to average price per property type in Grand Terrace, "" priced at $2,348 is 20 % lower than the average price ($2,937) in this city.