The rent prices in real estate in La Quinta, in the California region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in La Quinta has fallen during the last 6 months. In March, the average price per sq.feet was $11.37. In the following month the price per sq.feet fell considerably to $1.55. The price for the following two months in (May, June) had a considerable rise of 133 %. The price per sq.feet has had a considerable rise of 227 % 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 $7.53 to $17.06 during July, and August.
When referring to the price in La Quinta (cities), there have hardly been any changes in the last 6 months. The average price for March is $4,946. During April the price had a slight fall till $4,635. In the following two months the average price has hardly changed with regard to the previous two months from $4,790.5 to $4,958. Based on an analysis of the first four prices and the last two months the average price has increased 106 % 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 $5,411 they are 72 % more affordable than the average price for La Quinta . The properties with the highest average price have 4 bedrooms, Their price is 48 % more expensive than the average. After that we have properties with 3 bedrooms priced at $4,813.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.2 / sq.feet, with an average $24.95 / sq.feet price in La Quinta. The properties with the most expensive average prices have 4 bedrooms. They are 478 % more expensive than the average followed by properties with 1 bedroom with a price at $1.83 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $5,411 it is 71 % more affordable than the average price in La Quinta. "Condo" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $5,748 it is 8 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $1.62 / sq.feet followed by "Condo" priced at $2.01 / sq.feet. "House" is the most expensive type of property with a $36.76 / sq.feet value followed by "Commercial" with an average price of $2.42 / sq.feet.