The rent prices in real estate in Lompoc, 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 Lompoc has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.66. In the following month the price per sq.feet rose to $1.76. In the following two months the price per sq.feet has risen 113 %, going from $1.71 to $1.93 per sq.feet. The price per sq.feet has had a considerable rise of 509 % 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 $1.82 to $9.26 during March, and April.
When referring to the price in Lompoc (cities), this has fallen in the last 6 months. The average price for November is $1,969. During December the price had a considerable fall till $1,638. During the following two months (January, February) the average price fell 95 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 95 %, going from $1,757 to $1,665.5 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 $1,656 they are 33 % more affordable than the average price for Lompoc . The properties with the highest average price have 3 bedrooms, Their price is 28 % more expensive than the average. After that we have properties with 4 bedrooms priced at $2,072.
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 $16.37 / sq.feet price in Lompoc. The properties with the most affordable average prices have 1 bedroom. They are 85 % more affordable than the average followed by properties with 2 bedrooms with a price at $2.14 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,656 it is 25 % more affordable than the average price in Lompoc. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Land". At a price of $1,506 it is 23 % 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 $1 / sq.feet followed by "House" priced at $2 / sq.feet. "Land" is the most expensive type of property with a $23 / sq.feet value followed by "Duplex" with an average price of $18 / sq.feet.