The rent prices in real estate in Hopland, 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 Hopland has had a strong fall during the last 6 months. In October, the average price per sq.feet was $92. In November this price barely changed remaining at $92 per sq.feet. The price for the following two months in (December, January) had a considerable fall of 46 with regard to the previous two months. The price per sq.feet has had a considerable rise of 115 % 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 $67.25 to $77.5 during February, and March.
When referring to the price in Hopland (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $2,181. In November This price remains at $2,181. During the following two months (December, January) the average price fell 90 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 108 % during the last two months.
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 $2,178 they are 33 % more affordable than the average price for Hopland . 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 $1,461.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 95 % more affordable than the average price of ($5 / sq.feet) in Hopland. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 95 % more affordable than the average value aforementioned.
With regard to the average price based upon the property in Hopland we can see that the most affordable property type is "House" at a price of $1,461, they are 33 % cheaper than the average price of (!PRECIO2!). "House" has the most affordable price. This price is 33 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $5 / sq.feet. "House" with an average price of $5 / sq.feet has the most affordable price and would be directed at less affluent cities.