The rent prices in real estate in Newport Coast, in the California region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Newport Coast has fallen during the last 6 months. In February, the average price per sq.feet was $2.99. In the following month the price per sq.feet fell to $2.57. The price for the following two months in (April, May) fell 92 % with regard to the previous two months. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $2.67 to $2.66 during June y July
When referring to the price in Newport Coast (cities), this has fallen in the last 6 months. The average price for February is $5,480. During March the price had a slight fall till $4,973. During the following two months (April, May) the average price had a considerable fall of 79 % 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 increased 109 % 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 $5,879 they are 51 % more affordable than the average price for Newport Coast . The properties with the highest average price have 4 bedrooms, Their price is 98 % more expensive than the average. After that we have properties with 1 bedroom priced at $7,436.
With regard to the average prices per sq.feet those properties with 1 bedroom are 1671 % more expensive than the average price of ($48 / sq.feet) in Newport Coast. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 1671 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $5,879 it is 52 % more affordable than the average price in Newport Coast. "Villa" is seen as the second most affordable property type. The most expensive property type is "Villa" followed by "". At a price of $2,836 it is 30 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "Villa with an average cost of $19 / sq.feet. "Villa" at an average price of $19 / sq.feet has the highest price and would be directed at more affluent cities.