The rent prices in real estate in La Quinta, 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 La Quinta has had a strong fall during the last 6 months. In July, the average price per sq.feet was $7.24. In the following month the price per sq.feet rose considerably to $13.94. The price for the following two months in (September, October) had a considerable fall of 19 with regard to the previous two months. The price per sq.feet has had a considerable fall of 31 % 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 $6.33 to $1.99 during November, and December.
When referring to the price in La Quinta (cities), this has risen considerably in the last 6 months. The rent price in July is $2,281, rising in August till $2,419. During the following two months (September, October) the average price had a considerable rise of 150 % 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 had a strong increase of 117 % 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 $3,320 they are 58 % more affordable than the average price for La Quinta . The properties with the highest average price have 4 bedrooms, Their price is 49 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,349.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.91 / sq.feet price in La Quinta. The properties with the most expensive average prices have 2 bedrooms. They are 790 % more expensive than the average followed by properties with 1 bedroom with a price at $1.54 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $3,320 it is 58 % 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 "Commercial" followed by "House". At a price of $3,896 it is 40 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1 / sq.feet followed by "Condo" priced at $14 / sq.feet. "Commercial" is the most expensive type of property with a $63 / sq.feet value followed by "Townhouse" with an average price of $46 / sq.feet.