The rent prices in real estate in Sonoma, in the California region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Sonoma has risen during the last 6 months. In October, the average price per sq.feet was $2.83. In the following month the price per sq.feet rose to $3.18. In the following two months the price per sq.feet has risen 107 %, going from $3.01 to $3.2 per sq.feet. The price per sq.feet has risen 107 % 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 $3.11 to $3.33 during February, and March.
When referring to the price in Sonoma (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $4,207. During November the price went through a considerable rise reaching $4,921. During the following two months (December, January) the average price had a considerable rise of 123 % 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 158 % 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 $8,624 they are 76 % more affordable than the average price for Sonoma . The properties with the highest average price have 4 bedrooms, Their price is 16 % more expensive than the average. After that we have properties with 3 bedrooms priced at $4,509.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $3.22 / sq.feet price in Sonoma. The properties with the most affordable average prices have 1 bedroom. They are 5 % more affordable than the average followed by properties with 2 bedrooms with a price at $1 / sq.feet.
The graph displaying the average rent prices displays the property type "Duplex" as the most affordable one. At an cost of $8,624 it is 72 % more affordable than the average price in Sonoma. "Condo" is seen as the second most affordable property type. The most affordable property is "" followed by "Land". At a price of $2,555 it is 59 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Duplex" at an average price of $48 / sq.feet followed by "Condo" priced at $63 / sq.feet. "Land" is the most expensive type of property with a $83 / sq.feet value followed by "Condo" with an average price of $63 / sq.feet.