The rent prices in real estate in Santa Cruz, in the California region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Santa Cruz has risen during the last 6 months. In November, the average price per sq.feet was $4.1. In December this price barely changed remaining at $4.14 per sq.feet. In the following two months the price per sq.feet has risen 107 %, going from $4.12 to $4.39 per sq.feet. The price per sq.feet has risen 107 % 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 $4.26 to $4.57 during March, and April.
When referring to the price in Santa Cruz (cities), this has risen in the last 6 months. In our first sample month during November, the average price is $3,370. In December This price remains at $3,349. In the following two months the average price has hardly changed with regard to the previous two months from $3,359.5 to $3,487. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 115 % during the last two months.
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 $3,858 they are 13 % more affordable than the average price for Santa Cruz . The properties with the highest average price have 3 bedrooms, Their price is 68 % more expensive than the average. After that we have properties with 4 bedrooms priced at $5,963.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $3 / sq.feet, with an average $4.65 / sq.feet price in Santa Cruz. The properties with the most expensive average prices have 1 bedroom. They are 9 % more expensive than the average followed by properties with 3 bedrooms with a price at $4.24 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $3,858 it is 37 % more affordable than the average price in Santa Cruz. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "Land" followed by "House". At a price of $3,741 it is 1 % 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 $3 / sq.feet followed by "Townhouse" priced at $12 / sq.feet. "Commercial" is the most expensive type of property with a $17 / sq.feet value followed by "Townhouse" with an average price of $12 / sq.feet.