The rent prices in real estate in South Lake Tahoe, 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 South Lake Tahoe has risen strongly during the last 6 months. In March, the average price per sq.feet was $1.52. In the following month the price per sq.feet rose to $1.61. In the following two months the price per sq.feet has risen 112 %, going from $1.57 to $1.76 per sq.feet. The price per sq.feet has risen 111 % 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 $1.66 to $1.84 during July, and August.
When referring to the price in South Lake Tahoe (cities), this has risen in the last 6 months. In our first sample month during March, the average price is $1,374. In April This price remains at $1,348. In the following two months the average price has hardly changed with regard to the previous two months from $1,361 to $1,374. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 130 % 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 $2,013 they are 51 % more affordable than the average price for South Lake Tahoe . The properties with the highest average price have 4 bedrooms, Their price is 69 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,353.
With regard to the average prices per sq.feet those properties with 1 bedroom are 42 % more affordable than the average price of ($1 / sq.feet) in South Lake Tahoe. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 42 % more affordable 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 $2,013 it is 43 % more affordable than the average price in South Lake Tahoe. "Land" is seen as the second most affordable property type. The most expensive property type is "" followed by "Land". At a price of $1,565 it is 18 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1 / sq.feet followed by "Land" priced at $29 / sq.feet. "Land" is the most expensive type of property with a $29 / sq.feet value followed by "House" with an average price of $1 / sq.feet.