Property prices for rent in Shingle Springs (California)
The rent prices in real estate in Shingle Springs, 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 Shingle Springs has had a strong fall during the last 6 months. In March, the average price per sq.feet was $1.79. In the following month the price per sq.feet fell considerably to $1. The price for the following two months in (May, June) had a considerable fall of 72 with regard to the previous two months. The price per sq.feet has had a considerable rise of 118 % 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 $1.2 to $1.41 during July, and August.
When referring to the price in Shingle Springs (cities), there have hardly been any changes in the last 6 months. In our first sample month during March, the average price is $1,901. In April This price remains at $1,942. During the following two months (May, June) the average price fell 90 % 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 increased 113 % 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 $1,904 they are 31 % more affordable than the average price for Shingle Springs . The properties with the lowest average price have 2 bedrooms, Their price is 24 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,318.
According to average price per property type in Shingle Springs, "" priced at $1,458 is 23 % lower than the average price ($1,904) in this city.
