The rent prices in real estate in La Jolla, in the California region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in La Jolla has risen strongly during the last 6 months. In November, the average price per sq.feet was $3.93. In the following month the price per sq.feet rose to $4.2. In the following two months the price per sq.feet has risen 114 %, going from $4.07 to $4.64 per sq.feet. The price per sq.feet has risen 109 % 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 $4.35 to $4.74 during March, and April.
When referring to the price in La Jolla (cities), there have hardly been any changes in the last 6 months. The rent price in November is $5,858, rising in December till $6,183. In the following two months the average price has hardly changed with regard to the previous two months from $6,020.5 to $6,229.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 91 %, going from $6,125 to $5,552 in March and April.
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 $6,035 they are 57 % more affordable than the average price for La Jolla . The properties with the highest average price have 4 bedrooms, Their price is 168 % more expensive than the average. After that we have properties with 3 bedrooms priced at $7,396.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $3.51 / sq.feet, with an average $5.06 / sq.feet price in La Jolla. The properties with the most expensive average prices have 4 bedrooms. They are 1073 % more expensive than the average followed by properties with 2 bedrooms with a price at $4.28 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $6,035 it is 42 % more affordable than the average price in La Jolla. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Apartment". At a price of $4,860 it is 46 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $2 / sq.feet followed by "Condo" priced at $5.53 / sq.feet. "Apartment" is the most expensive type of property with a $130 / sq.feet value followed by "Detached House" with an average price of $74 / sq.feet.