The rent prices in real estate in Santa Paula, 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 Santa Paula has had a strong fall during the last 6 months. In July, the average price per sq.feet was $51. In the following month the price per sq.feet fell considerably to $15. The price for the following two months in (September, October) had a considerable fall of 69 with regard to the previous two months. The price per sq.feet has had a considerable fall of 41 % 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 $27.83 to $11.5 during November, and December.
When referring to the price in Santa Paula (cities), there have hardly been any changes in the last 6 months. The rent price in July is $2,008, rising in August till $2,291. During the following two months (September, October) the average price fell 94 % with regard to the previous two months. 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 $2,082 and $1,996.5 between November and December.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 8 % more affordable than the average price of $1,995 in Santa Paula. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 8 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 109 % more expensive than the average price of ($46 / sq.feet) in Santa Paula. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 109 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Farm" as the most affordable one. At an cost of $2,165 it is 37 % more affordable than the average price in Santa Paula. "Townhouse" is seen as the second most affordable property type. The most affordable property is "House" followed by "Condo". At a price of $1,985 it is 8 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Townhouse" at an average price of $26 / sq.feet followed by "Farm" priced at $28 / sq.feet. "House" is the most expensive type of property with a $46 / sq.feet value followed by "Condo" with an average price of $41 / sq.feet.