The rent prices in real estate in Grover Beach, 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 Grover Beach has had a strong fall during the last 6 months. In November, the average price per sq.feet was $28.34. In the following month the price per sq.feet rose considerably to $63.65. The price for the following two months in (January, February) had a considerable fall of 38 with regard to the previous two months. The price per sq.feet has had a considerable fall of 6 % 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 $31.7 to $1.89 during March, and April.
When referring to the price in Grover Beach (cities), this has risen considerably in the last 6 months. The average price during our first sample month during November, is $1,706. During December the price went through a considerable rise reaching $2,500. In the following two months the average price has hardly changed with regard to the previous two months from $2,103 to $2,078.5. 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 $2,090.75 to $1,846.5 in March and April.
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 $1,876 they are 10 % more affordable than the average price for Grover Beach . The properties with the lowest average price have 1 bedroom, Their price is 9 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,688.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $29 / sq.feet, with an average $1.85 / sq.feet price in Grover Beach. The properties with the most expensive average prices have 1 bedroom. They are 1738 % more expensive than the average followed by properties with 2 bedrooms with a price at $29 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,876 it is 12 % more affordable than the average price in Grover Beach. "Duplex" is seen as the second most affordable property type. The most affordable property is "House" followed by "Duplex". At a price of $1,779 it is 5 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Townhouse" at an average price of $46 / sq.feet followed by "Duplex" priced at $52 / sq.feet. "House" is the most expensive type of property with a $57 / sq.feet value followed by "Duplex" with an average price of $52 / sq.feet.