The rent prices in real estate in Mountain View, in the Hawaii 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 Mountain View has had a strong fall during the last 6 months. In April, the average price per sq.feet was $14. In the following month the price per sq.feet rose considerably to $30. The price for the following two months in (June, July) had a considerable fall of 41 with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 $15.5 to $0.05 during August, and September.
When referring to the price in Mountain View (cities), this has risen considerably in the last 6 months. The average price during our first sample month during April, is $931. During May the price went through a considerable rise reaching $1,180. During the following two months (June, July) the average price had a considerable rise of 120 % 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 122 % during the last two months.
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 $1,500 they are 30 % more affordable than the average price for Mountain View . The properties with the lowest average price have 1 bedroom, Their price is 13 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,056.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $32 / sq.feet, with an average $0.1 / sq.feet price in Mountain View. The properties with the most expensive average prices have 1 bedroom. They are 50900 % more expensive than the average followed by properties with 2 bedrooms with a price at $32 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,500 it is 30 % more affordable than the average price in Mountain View. "Land" is seen as the second most affordable property type. The most affordable property is "Land" followed by "House". At a price of $1,046 it is 30 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $27 / sq.feet followed by "Land" priced at $32 / sq.feet. "Land" is the most expensive type of property with a $32 / sq.feet value followed by "House" with an average price of $27 / sq.feet.