The rent prices in real estate in Orinda, in the California region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Orinda has risen during the last 6 months. In November, the average price per sq.feet was $2.66. In December this price barely changed remaining at $2.56 per sq.feet. In the following two months the price per sq.feet has risen 107 %, going from $2.61 to $2.78 per sq.feet. The price per sq.feet has had a considerable rise of 121 % 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 $2.69 to $3.27 during March, and April.
When referring to the price in Orinda (cities), this has fallen in the last 6 months. In our first sample month during November, the average price is $6,114. In December This price remains at $5,881. During the following two months (January, February) the average price had a considerable rise of 129 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $6,873.75 to $2,672.5, which means a 39 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $3,150 they are 56 % more expensive than the average price for Orinda. Following this ranking we find those properties with 2 at an average price of $5,027. The properties with the highest average price have 2 bedrooms, Their price is 60 % more expensive than the average. After that we have properties with 1 bedroom priced at $4,920.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $63 / sq.feet, with an average $2.91 / sq.feet price in Orinda. The properties with the most expensive average prices have 1 bedroom. They are 2134 % more expensive than the average followed by properties with 2 bedrooms with a price at $63 / sq.feet.
The graph displaying the average rent prices displays the property type "Land" as the most expensive one. At an cost of $3,150 it is 59 % more expensive than the average price in Orinda. "House" is seen as the second most expensive property type. The most expensive property type is "House" followed by "Land". At a price of $4,997 it is 60 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Land" at an average price of $58 / sq.feet followed by "House" priced at $63 / sq.feet. "House" is the most expensive type of property with a $63 / sq.feet value followed by "Land" with an average price of $58 / sq.feet.