The rent prices in real estate in La Jolla, in the California region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in La Jolla has risen during the last 6 months. In May, the average price per sq.feet was $2.87. In June this price barely changed remaining at $2.81 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.84 to $2.77 per sq.feet. The price per sq.feet has had a considerable rise of 128 % 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 $2.8 to $3.6 during September, and October.
When referring to the price in La Jolla (cities), this has risen considerably in the last 6 months. The average price for May is $3,172. During June the price had a slight fall till $2,894. In the following two months the average price has hardly changed with regard to the previous two months from $3,033 to $2,964.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 167 % 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 $5,781 they are 64 % more affordable than the average price for La Jolla . The properties with the highest average price have 4 bedrooms, Their price is 100 % more expensive than the average. After that we have properties with 3 bedrooms priced at $8,464.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $3.38 / sq.feet, with an average $4.03 / sq.feet price in La Jolla. The properties with the most expensive average prices have 3 bedrooms. They are 6 % more expensive than the average followed by properties with 2 bedrooms with a price at $3.54 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $5,781 it is 51 % more affordable than the average price in La Jolla. "Condo" is seen as the second most affordable property type. The most affordable property is "Office" followed by "Detached House". At a price of $3,624 it is 33 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $2.66 / sq.feet followed by "Condo" priced at $3.13 / sq.feet. "Detached House" is the most expensive type of property with a $80 / sq.feet value followed by "Office" with an average price of $70 / sq.feet.