The rent prices in real estate in South Pasadena, 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 South Pasadena has fallen during the last 6 months. In February, the average price per sq.feet was $2.49. In the following month the price per sq.feet fell considerably to $2.07. The price for the following two months in (April, May) fell 90 % with regard to the previous two months. The price per sq.feet has risen 109 % 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 $2.17 to $2.38 during June, and July.
When referring to the price in South Pasadena (cities), this has fallen in the last 6 months. The average price for February is $2,346. During March the price had a considerable fall till $1,868. During the following two months (April, May) the average price fell 91 % 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 109 % 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 $2,271 they are 12 % more affordable than the average price for South Pasadena . The properties with the highest average price have 3 bedrooms, Their price is 66 % more expensive than the average. After that we have properties with 4 bedrooms priced at $2,453.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.48 / sq.feet, with an average $2.68 / sq.feet price in South Pasadena. The properties with the most expensive average prices have 4 bedrooms. They are 1915 % more expensive than the average followed by properties with 3 bedrooms with a price at $52.67 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most expensive one. At an cost of $2,271 it is 1 % more expensive than the average price in South Pasadena. "Condo" is seen as the second most expensive property type. The most expensive property type is "" followed by "House". At a price of $2,410 it is 18 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $26 / sq.feet followed by "Townhouse" priced at $37 / sq.feet. "Condo" is the most expensive type of property with a $42 / sq.feet value followed by "Townhouse" with an average price of $37 / sq.feet.