Property prices for rent in Portola Valley (California)
The rent prices in real estate in Portola Valley, 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 Portola Valley has had a strong fall during the last 6 months. In July, the average price per sq.feet was $559. In the following month the price per sq.feet fell considerably to $364. The price for the following two months in (September, October) had a considerable fall of 33 with regard to the previous two months. The price per sq.feet has had a considerable fall of 69 % 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 $306.25 to $210 during November, and December.
When referring to the price in Portola Valley (cities), this has fallen considerably in the last 6 months. In our first sample month during July, the average price is $9,724. In August This price remains at $9,553. During the following two months (September, October) the average price had a considerable fall of 71 % 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 $8,218.75 to $6,738.5, which means a 82 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 1 % more expensive than the average price of $6,715 in Portola Valley. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 1 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 48 % more affordable than the average price of ($139 / sq.feet) in Portola Valley. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 48 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "House" as the most expensive one. At an cost of $6,678 it is 1 % more expensive than the average price in Portola Valley. "Land" is seen as the second most expensive property type. The most expensive property type is "Land" followed by "House". At a price of $6,715 it is 43 % 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 $139 / sq.feet followed by "Land" priced at $540 / sq.feet. "Land" is the most expensive type of property with a $540 / sq.feet value followed by "House" with an average price of $139 / sq.feet.
