The rent prices in real estate in Olivehurst, in the California 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 Olivehurst has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.82. In December this price barely changed remaining at $1.89 per sq.feet. The price for the following two months in (January, February) had a considerable fall of 82 with regard to the previous two months. The price per sq.feet has had a considerable fall of 76 % 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 $1.69 to $1.28 during March, and April.
When referring to the price in Olivehurst (cities), there have hardly been any changes in the last 6 months. The rent price in November is $1,629, rising in December till $1,855. During the following two months (January, February) the average price fell 93 % 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 95 %, going from $1,682.5 to $1,597.5 in March and April.
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 $1,604 they are 31 % more affordable than the average price for Olivehurst . The properties with the highest average price have 3 bedrooms, Their price is 8 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,367.
According to average price per property type in Olivehurst, "" priced at $1,160 is 28 % lower than the average price ($1,604) in this city.