The rent prices in real estate in Seal Beach, 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 Seal Beach has had a strong fall during the last 6 months. In May, the average price per sq.feet was $45.6. In the following month the price per sq.feet fell considerably to $31.3. The price for the following two months in (July, August) had a considerable fall of 8 with regard to the previous two months. The price per sq.feet has had a considerable fall of 61 % 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 $20.82 to $12.75 during September, and October.
When referring to the price in Seal Beach (cities), this has risen considerably in the last 6 months. The average price during our first sample month during May, is $1,945. During June the price went through a considerable rise reaching $2,595. During the following two months (July, August) the average price had a considerable rise of 117 % 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 120 % 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 $2,658 they are 21 % more affordable than the average price for Seal Beach . 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 2 bedrooms priced at $2,566.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.86 / sq.feet, with an average $22.42 / sq.feet price in Seal Beach. The properties with the most expensive average prices have 1 bedroom. They are 124 % more expensive than the average followed by properties with 2 bedrooms with a price at $43.96 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $2,658 it is 15 % more affordable than the average price in Seal Beach. "Condo" is seen as the second most affordable property type. The most affordable property is "House" followed by "Condo". At a price of $2,465 it is 6 % 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 $28 / sq.feet followed by "Townhouse" priced at $29 / sq.feet. "House" is the most expensive type of property with a $38 / sq.feet value followed by "Townhouse" with an average price of $29 / sq.feet.