The rent prices in real estate in Oakland, in the California region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Oakland has barely changed in the last 6 months. In August, the average price per sq.feet was $3.59. In the following month the price per sq.feet rose to $3.96. The price for the following two months in (October, November) fell 93 % with regard to the previous two months. The price per sq.feet has fallen 89 % 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 $3.63 to $3.22 during December, and January.
When referring to the price in Oakland (cities), this has fallen in the last 6 months. In our first sample month during August, the average price is $3,242. In September This price remains at $3,187. During the following two months (October, November) the average price fell 89 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 90 %, going from $3,033 to $2,731.5 in December and January.
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 $2,782 they are 15 % more affordable than the average price for Oakland . The properties with the highest average price have 4 bedrooms, Their price is 59 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,323.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.91 / sq.feet, with an average $3.23 / sq.feet price in Oakland. The properties with the most expensive average prices have 4 bedrooms. They are 329 % more expensive than the average followed by properties with 1 bedroom with a price at $3.57 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,782 it is 10 % more affordable than the average price in Oakland. "Villa" is seen as the second most affordable property type. The most expensive property type is "Commercial" followed by "Duplex". At a price of $3,150 it is 186 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Commercial" at an average price of $0.78 / sq.feet followed by "Duplex" priced at $3.05 / sq.feet. "Villa" is the most expensive type of property with a $27.99 / sq.feet value followed by "House" with an average price of $3.33 / sq.feet.