The rent prices in real estate in Nipomo, 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 Nipomo has risen strongly during the last 6 months. In October, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $1.83. The price for the following two months in (December, January) had a considerable fall of 80 with regard to the previous two months. The price per sq.feet has risen 107 % 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 $1.27 to $1.37 during February, and March.
When referring to the price in Nipomo (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $1,726. During November the price went through a considerable rise reaching $2,067. During the following two months (December, January) the price has had an average rise from $1,896.5 to $2,028. Based on an analysis of the first four prices and the last two months the average price has increased 110 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 10 % more affordable than the average price of $2,023 in Nipomo. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 10 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 1100 % more expensive than the average price of ($12 / sq.feet) in Nipomo. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 1100 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,247 it is 10 % more affordable than the average price in Nipomo. "Apartment" is seen as the second most affordable property type. The most expensive property type is "Apartment" followed by "House". At a price of $2,023 it is 32 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Apartment" at an average price of $7 / sq.feet followed by "House" priced at $12 / sq.feet. "House" is the most expensive type of property with a $12 / sq.feet value followed by "Apartment" with an average price of $7 / sq.feet.