The rent prices in real estate in Scotts Valley, 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 Scotts Valley has fallen during the last 6 months. In November, the average price per sq.feet was $2.76. In December this price barely changed remaining at $2.89 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.83 to $2.71 per sq.feet. The price per sq.feet has had a considerable fall of 83 % 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 $2.77 to $2.3 during March, and April.
When referring to the price in Scotts Valley (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $3,991. In December This price remains at $3,941. During the following two months (January, February) the price has had an average rise from $3,966 to $4,199. 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 $4,082.5 and $4,282.5 between March and April.
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 $4,168 they are 57 % more affordable than the average price for Scotts Valley . The properties with the lowest average price have 2 bedrooms, Their price is 36 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,775.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $4,168 it is 32 % more affordable than the average price in Scotts Valley. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Condo". At a price of $2,849 it is 31 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Condo" at an average price of $59 / sq.feet followed by "House" priced at $69 / sq.feet. "House" is the most expensive type of property with a $69 / sq.feet value followed by "Condo" with an average price of $59 / sq.feet.