The rent prices in real estate in Summerland, 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 Summerland has risen during the last 6 months. In November, the average price per sq.feet was $6.35. In the following month the price per sq.feet rose to $7.04. In the following two months the price per sq.feet has risen 107 %, going from $6.7 to $7.18 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $6.94 to $7.08 during March y April
When referring to the price in Summerland (cities), this has risen considerably in the last 6 months. The average price during our first sample month during November, is $9,772. During December the price went through a considerable rise reaching $11,950. During the following two months (January, February) the average price had a considerable rise of 128 % 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 163 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $25,333 they are 77 % more affordable than the average price for Summerland . The properties with the lowest average price have 1 bedroom, Their price is 73 % more affordable than the average. After that we have properties with 2 bedrooms priced at $5,958.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $2 / sq.feet, with an average $7.11 / sq.feet price in Summerland. The properties with the most expensive average prices have 3 bedrooms. They are 1447 % more expensive than the average followed by properties with 1 bedroom with a price at $2 / sq.feet.
With regard to the average price based upon the property in Summerland we can see that the most affordable property type is "House" at a price of $5,739, they are 77 % cheaper than the average price of (!PRECIO2!). "House" has the most affordable price. This price is 77 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $110 / sq.feet. "House" at an average price of $110 / sq.feet has the highest price and would be directed at more affluent cities.