The rent prices in real estate in Templeton, 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 Templeton has fallen during the last 6 months. In October, the average price per sq.feet was $2.43. In November this price barely changed remaining at $2.44 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.43 to $2.32 per sq.feet. The price per sq.feet has had a considerable fall of 81 % 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 $2.38 to $1.92 during February, and March.
When referring to the price in Templeton (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during October, is $4,100. During November the price went through a considerable rise reaching $5,356. During the following two months (December, January) the average price fell 87 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $4,419 to $3,026, which means a 68 % fall.
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 $2,879 they are 39 % more affordable than the average price for Templeton . The properties with the lowest average price have 2 bedrooms, Their price is 33 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,759.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 1408 % more expensive than the average price of ($30 / sq.feet) in Templeton. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 1408 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $2,879 it is 34 % more affordable than the average price in Templeton. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Land". At a price of $1,901 it is 33 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Land" at an average price of $15 / sq.feet followed by "House" priced at $30 / sq.feet. "House" is the most expensive type of property with a $30 / sq.feet value followed by "Land" with an average price of $15 / sq.feet.