The rent prices in real estate in Montara, 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 Montara has had a strong fall during the last 6 months. In October, the average price per sq.feet was $104. In November this price barely changed remaining at $104 per sq.feet. The price for the following two months in (December, January) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable rise of 184 % 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 $52 to $95.5 during February, and March.
When referring to the price in Montara (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $6,951. In November This price remains at $6,951. During the following two months (December, January) the average price had a considerable fall of 0 % 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 177 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $4,805 they are 39 % more expensive than the average price for Montara. Following this ranking we find those properties with 2 at an average price of $7,186. The properties with the highest average price have 2 bedrooms, Their price is 50 % more expensive than the average. After that we have properties with 1 bedroom priced at $6,685.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most expensive ones at a cost of $66 / sq.feet, with an average / sq.feet price in Montara. The properties with the most expensive average prices have 2 bedrooms. They are 2147483647 % more expensive than the average followed by properties with 1 bedroom with a price at $66 / sq.feet.
The graph displaying the average rent prices displays the property type "Detached House" as the most expensive one. At an cost of $4,805 it is 48 % more expensive than the average price in Montara. "House" is seen as the second most expensive property type. The most expensive property type is "House" followed by "Detached House". At a price of $7,106 it is 50 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Detached House" at an average price of $142 / sq.feet followed by "House" priced at $152 / sq.feet. "House" is the most expensive type of property with a $152 / sq.feet value followed by "Detached House" with an average price of $142 / sq.feet.