The rent prices in real estate in Loomis, 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 Loomis has had a strong fall during the last 6 months. In October, the average price per sq.feet was $4.13. In the following month the price per sq.feet fell considerably to $2.87. The price for the following two months in (December, January) had a considerable fall of 81 with regard to the previous two months. The price per sq.feet has had a considerable fall of 82 % 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 $3.17 to $2.61 during February, and March.
When referring to the price in Loomis (cities), this has fallen in the last 6 months. The average price during our first sample month during October, is $3,343. During November the price went through a considerable rise reaching $3,857. During the following two months (December, January) the average price fell 86 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $3,351.5 to $2,377.5, which means a 71 % fall.
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 $2,080 they are 1 % more affordable than the average price for Loomis . The properties with the highest average price have 2 bedrooms, Their price is 5 % more expensive than the average. After that we have properties with 1 bedroom priced at $2,067.
According to average price per property type in Loomis, "" priced at $2,181 is 5 % more expensive than the average price ($2,080) in this city.