The rent prices in real estate in Placentia, 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 Placentia has had a strong fall during the last 6 months. In April, the average price per sq.feet was $26.11. In the following month the price per sq.feet rose to $27.79. The price for the following two months in (June, July) had a considerable fall of 8 with regard to the previous two months. The price per sq.feet has had a considerable fall of 13 % 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 $14.5 to $1.95 during August, and September.
When referring to the price in Placentia (cities), this has fallen in the last 6 months. The average price for April is $2,592. During May the price had a slight fall till $2,445. During the following two months (June, July) the average price fell 91 % 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 $2,405.5 to $2,013, which means a 84 % fall.
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 $2,119 they are 17 % more affordable than the average price for Placentia . The properties with the highest average price have 3 bedrooms, Their price is 30 % more expensive than the average. After that we have properties with 4 bedrooms priced at $2,498.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.22 / sq.feet, with an average $1.95 / sq.feet price in Placentia. The properties with the most expensive average prices have 1 bedroom. They are 21 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.98 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,119 it is 13 % more affordable than the average price in Placentia. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Townhouse". At a price of $2,125 it is 29 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.62 / sq.feet followed by "Apartment" priced at $2.1 / sq.feet. "Townhouse" is the most expensive type of property with a $33 / sq.feet value followed by "Apartment" with an average price of $2.1 / sq.feet.