The rent prices in real estate in Granite Bay, 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 Granite Bay has had a strong fall during the last 6 months. In April, the average price per sq.feet was $32. In the following month the price per sq.feet fell considerably to $1.47. The price for the following two months in (June, July) had a considerable fall of 8 with regard to the previous two months. The price per sq.feet has had a considerable rise of 179 % 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 $9.05 to $16.23 during August, and September.
When referring to the price in Granite Bay (cities), this has risen in the last 6 months. The average price during our first sample month during April, is $2,605. During May the price went through a considerable rise reaching $3,003. During the following two months (June, July) the price has had an average rise from $2,804 to $2,960. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 88 %, going from $2,882 to $2,525 in August and September.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $2,602 they are 4 % more affordable than the average price for Granite Bay . The properties with the lowest average price have 1 bedroom, Their price is 0 % more affordable than the average. After that we have properties with 2 bedrooms priced at $2,501.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $27 / sq.feet, with an average $31 / sq.feet price in Granite Bay. The properties with the most expensive average prices have 2 bedrooms. They are 94 % more expensive than the average followed by properties with 1 bedroom with a price at $27 / sq.feet.
With regard to the average price based upon the property in Granite Bay we can see that the most affordable property type is "House" at a price of $2,501, they are 4 % cheaper than the average price of (!PRECIO2!). "House" has the most affordable price. This price is 4 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $60 / sq.feet. "House" at an average price of $60 / sq.feet has the highest price and would be directed at more affluent cities.