The rent prices in real estate in Los Olivos, in the California region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Los Olivos has risen during the last 6 months. In October, the average price per sq.feet was $3.15. In the following month the price per sq.feet rose considerably to $3.64. In the following two months the price per sq.feet has risen 109 %, going from $3.39 to $3.7 per sq.feet. The price per sq.feet has had a considerable fall of 81 % 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 $3.55 to $2.88 during February, and March.
When referring to the price in Los Olivos (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $6,850. In November This price remains at $6,700. During the following two months (December, January) the average price had a considerable rise of 120 % 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 $7,448.5 to $5,556.5, which means a 75 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $5,033 they are 41 % more affordable than the average price for Los Olivos . The properties with the lowest average price have 1 bedroom, Their price is 41 % more affordable than the average. After that we have properties with 2 bedrooms priced at $2,954.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $70 / sq.feet, with an average $3.19 / sq.feet price in Los Olivos. The properties with the most expensive average prices have 1 bedroom. They are 2251 % more expensive than the average followed by properties with 2 bedrooms with a price at $70 / sq.feet.
With regard to the average price based upon the property in Los Olivos we can see that the most affordable property type is "House" at a price of $2,954, they are 41 % cheaper than the average price of (!PRECIO2!). "House" has the most affordable price. This price is 41 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $70 / sq.feet. "House" at an average price of $70 / sq.feet has the highest price and would be directed at more affluent cities.