The rent prices in real estate in Mountain View, 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 Mountain View has risen strongly during the last 6 months. In June, the average price per sq.feet was $4.13. In July this price barely changed remaining at $4.23 per sq.feet. The price for the following two months in (August, September) had a considerable rise of 123 %. The price per sq.feet has had a considerable rise of 151 % 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 $4.66 to $7.01 during October, and November.
When referring to the price in Mountain View (cities), there have hardly been any changes in the last 6 months. In our first sample month during June, the average price is $3,187. In July This price remains at $3,069. In the following two months the average price has hardly changed with regard to the previous two months from $3,128 to $3,058. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $3,093 and $3,013 between October and November.
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 $2,985 they are 26 % more affordable than the average price for Mountain View . The properties with the highest average price have 4 bedrooms, Their price is 70 % more expensive than the average. After that we have properties with 3 bedrooms priced at $4,081.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.8 / sq.feet, with an average $3.38 / sq.feet price in Mountain View. The properties with the most expensive average prices have 2 bedrooms. They are 352 % more expensive than the average followed by properties with 1 bedroom with a price at $6.03 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,985 it is 20 % more affordable than the average price in Mountain View. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "". At a price of $3,840 it is 32 % 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 $2.83 / sq.feet followed by "Townhouse" priced at $17.61 / sq.feet. "Office" is the most expensive type of property with a $30 / sq.feet value followed by "House" with an average price of $18.66 / sq.feet.