The rent prices in real estate in San Bruno, 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 San Bruno has had a strong fall during the last 6 months. In May, the average price per sq.feet was $103.66. In June this price barely changed remaining at $106.15 per sq.feet. The price for the following two months in (July, August) fell 94 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 36 % 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 $101.76 to $36.3 during September, and October.
When referring to the price in San Bruno (cities), there have hardly been any changes in the last 6 months. In our first sample month during May, the average price is $3,804. In June This price remains at $3,824. In the following two months the average price has hardly changed with regard to the previous two months from $3,814 to $3,800.5. 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 $3,807.25 and $3,690.5 between September and October.
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 $3,747 they are 19 % more affordable than the average price for San Bruno . The properties with the highest average price have 3 bedrooms, Their price is 34 % more expensive than the average. After that we have properties with 2 bedrooms priced at $3,783.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $4.87 / sq.feet, with an average $31.3 / sq.feet price in San Bruno. The properties with the most expensive average prices have 3 bedrooms. They are 336 % more expensive than the average followed by properties with 4 bedrooms with a price at $103 / sq.feet.
The graph displaying the average rent prices displays the property type "Duplex" as the most affordable one. At an cost of $3,747 it is 9 % more affordable than the average price in San Bruno. "Apartment" is seen as the second most affordable property type. The most affordable property is "House" followed by "Apartment". At a price of $3,491 it is 6 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Duplex" at an average price of $57 / sq.feet followed by "Apartment" priced at $92 / sq.feet. "House" is the most expensive type of property with a $97 / sq.feet value followed by "Apartment" with an average price of $92 / sq.feet.