The rent prices in real estate in Rosemead, 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 Rosemead has had a strong fall during the last 6 months. In September, the average price per sq.feet was $2.49. In the following month the price per sq.feet fell to $2.13. The price for the following two months in (November, December) had a considerable fall of 79 with regard to the previous two months. The price per sq.feet has fallen 93 % 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 $2.06 to $1.91 during January, and February.
When referring to the price in Rosemead (cities), this has fallen in the last 6 months. In our first sample month during September, the average price is $2,491. In October This price remains at $2,501. During the following two months (November, December) the average price fell 90 % 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 $2,366.75 to $1,975, which means a 83 % 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 $2,063 they are 30 % more affordable than the average price for Rosemead . The properties with the highest average price have 4 bedrooms, Their price is 40 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,264.
According to average price per property type in Rosemead, "" priced at $2,776 is 35 % more expensive than the average price ($2,063) in this city.