The rent prices in real estate in Santa Ynez, in the California region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Santa Ynez has risen strongly during the last 6 months. In November, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $73. The price for the following two months in (January, February) had a considerable rise of 161 %. The price per sq.feet has fallen 94 % 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 $48.25 to $45.37 during March, and April.
When referring to the price in Santa Ynez (cities), this has fallen considerably in the last 6 months. The average price for November is $5,188. During December the price had a considerable fall till $3,117. During the following two months (January, February) the average price had a considerable fall of 84 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 126 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 50 % more affordable than the average price of $3,287 in Santa Ynez. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 50 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 3039 % more expensive than the average price of ($86 / sq.feet) in Santa Ynez. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 3039 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $6,520 it is 50 % more affordable than the average price in Santa Ynez. "Apartment" is seen as the second most affordable property type. The most expensive property type is "Apartment" followed by "House". At a price of $3,287 it is 7 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Apartment" at an average price of $18 / sq.feet followed by "House" priced at $86 / sq.feet. "House" is the most expensive type of property with a $86 / sq.feet value followed by "Apartment" with an average price of $18 / sq.feet.