The rent prices in real estate in Oak View, 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 Oak View has fallen during the last 6 months. In April, the average price per sq.feet was $2. In May this price barely changed remaining at $1.99 per sq.feet. In the following two months the price per sq.feet has risen 106 %, going from $2 to $2.11 per sq.feet. The price per sq.feet has had a considerable fall of 64 % 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 $2.05 to $1.32 during August, and September.
When referring to the price in Oak View (cities), this has risen considerably in the last 6 months. In our first sample month during April, the average price is $3,584. In May This price remains at $3,570. During the following two months (June, July) the price has had an average rise from $3,577 to $4,051.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 119 % during the last two months.
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 $4,273 they are 44 % more affordable than the average price for Oak View . The properties with the lowest average price have 3 bedrooms, Their price is 40 % more affordable than the average. After that we have properties with 2 bedrooms priced at $2,505.
With regard to the average prices per sq.feet those properties with 3 bedrooms are 1991 % more expensive than the average price of ($55 / sq.feet) in Oak View. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 3 bedrooms. They are 1991 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Detached House" as the most affordable one. At an cost of $4,273 it is 40 % more affordable than the average price in Oak View. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Detached House". At a price of $2,552 it is 40 % more affordable 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 $50 / sq.feet followed by "House" priced at $55 / sq.feet. "House" is the most expensive type of property with a $55 / sq.feet value followed by "Detached House" with an average price of $50 / sq.feet.