The rent prices in real estate in San Diego, in the California region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in San Diego has fallen during the last 6 months. In March, the average price per sq.feet was $3.86. In the following month the price per sq.feet fell to $3.59. The price for the following two months in (May, June) fell 94 % 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 $3.61 to $3.36 during July, and August.
When referring to the price in San Diego (cities), this has risen considerably in the last 6 months. The average price during our first sample month during March, is $2,936. During April the price went through a considerable rise reaching $3,552. During the following two months (May, June) the price has had an average rise from $3,244 to $3,452. 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 $3,348 and $3,363 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 $3,514 they are 24 % more affordable than the average price for San Diego . The properties with the highest average price have 4 bedrooms, Their price is 59 % more expensive than the average. After that we have properties with 3 bedrooms priced at $4,096.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $2.82 / sq.feet, with an average $3.24 / sq.feet price in San Diego. The properties with the most expensive average prices have 1 bedroom. They are 19 % more expensive than the average followed by properties with 2 bedrooms with a price at $3.3 / sq.feet.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $3,514 it is 43 % more affordable than the average price in San Diego. "Apartment" is seen as the second most affordable property type. The most expensive property type is "Commercial" followed by "Condo". At a price of $3,965 it is 57 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $2.83 / sq.feet followed by "Condo" priced at $2.91 / sq.feet. "Apartment" is the most expensive type of property with a $3.55 / sq.feet value followed by "House" with an average price of $3.39 / sq.feet.