The rent prices in real estate in South San Francisco, 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 South San Francisco has risen during the last 6 months. In November, the average price per sq.feet was $3.9. In the following month the price per sq.feet rose to $4.25. In the following two months the price per sq.feet has risen 112 %, going from $4.07 to $4.57 per sq.feet. The price per sq.feet has fallen 91 % 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 $4.32 to $3.94 during March, and April.
When referring to the price in South San Francisco (cities), there have hardly been any changes in the last 6 months. The rent price in November is $3,741, rising in December till $4,000. During the following two months (January, February) the average price fell 85 % 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 108 % 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 $3,825 they are 25 % more affordable than the average price for South San Francisco . The properties with the highest average price have 2 bedrooms, Their price is 10 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,759.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2 / sq.feet, with an average $3.9 / sq.feet price in South San Francisco. The properties with the most expensive average prices have 4 bedrooms. They are 1772 % more expensive than the average followed by properties with 1 bedroom with a price at $5.21 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $3,825 it is 21 % more affordable than the average price in South San Francisco. "Duplex" is seen as the second most affordable property type. The most affordable property is "House" followed by "Condo". At a price of $3,174 it is 13 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $63 / sq.feet followed by "Duplex" priced at $65 / sq.feet. "Condo" is the most expensive type of property with a $78 / sq.feet value followed by "Land" with an average price of $73 / sq.feet.