The rent prices in real estate in Pomona, 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 Pomona has had a strong fall during the last 6 months. In March, the average price per sq.feet was $12.31. In the following month the price per sq.feet fell considerably to $3.11. The price for the following two months in (May, June) had a considerable rise of 128 %. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $8.77 to $8.73 during July y August
When referring to the price in Pomona (cities), this has risen in the last 6 months. In our first sample month during March, the average price is $1,539. In April This price remains at $1,600. During the following two months (May, June) the price has had an average rise from $1,569.5 to $1,683. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,626.25 and $1,703 between July and August.
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 $1,699 they are 14 % more affordable than the average price for Pomona . The properties with the highest average price have 3 bedrooms, Their price is 25 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,721.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.45 / sq.feet, with an average $1.83 / sq.feet price in Pomona. The properties with the most expensive average prices have 1 bedroom. They are 11 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.88 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,699 it is 6 % more affordable than the average price in Pomona. "Office" is seen as the second most affordable property type. The most expensive property type is "Commercial" followed by "Condo". At a price of $1,880 it is 79 % 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 $1.14 / sq.feet followed by "Condo" priced at $1.78 / sq.feet. "Duplex" is the most expensive type of property with a $21 / sq.feet value followed by "House" with an average price of $2.01 / sq.feet.