The rent prices in real estate in Laguna Niguel, 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 Laguna Niguel has risen strongly during the last 6 months. In October, the average price per sq.feet was $2.53. In November this price barely changed remaining at $2.55 per sq.feet. The price for the following two months in (December, January) had a considerable rise of 224 %. The price per sq.feet has had a considerable fall of 64 % 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 $4.11 to $2.64 during February, and March.
When referring to the price in Laguna Niguel (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $2,786. In November This price remains at $2,758. During the following two months (December, January) the price has had an average rise from $2,772 to $2,930.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 93 %, going from $2,851.25 to $2,641 in February and March.
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 $2,748 they are 23 % more affordable than the average price for Laguna Niguel . The properties with the highest average price have 4 bedrooms, Their price is 89 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,117.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.84 / sq.feet, with an average $2.65 / sq.feet price in Laguna Niguel. The properties with the most expensive average prices have 2 bedrooms. They are 854 % more expensive than the average followed by properties with 1 bedroom with a price at $2.97 / sq.feet.
The graph displaying the average rent prices displays the property type "Office" as the most affordable one. At an cost of $2,748 it is 16 % more affordable than the average price in Laguna Niguel. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Townhouse". At a price of $3,105 it is 38 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $2.49 / sq.feet followed by "House" priced at $2.68 / sq.feet. "Townhouse" is the most expensive type of property with a $202 / sq.feet value followed by "Office" with an average price of $18 / sq.feet.