The rent prices in real estate in Truckee, in the California region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Truckee has had a strong fall during the last 6 months. In October, the average price per sq.feet was $3.76. In the following month the price per sq.feet fell to $3.43. The price for the following two months in (December, January) had a considerable fall of 79 with regard to the previous two months. The price per sq.feet has fallen 90 % 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 $3.22 to $2.88 during February, and March.
When referring to the price in Truckee (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $4,692. In November This price remains at $4,586. In the following two months the average price has hardly changed with regard to the previous two months from $4,639 to $4,806. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $4,722.5 and $4,503.5 between February and March.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 63 % more affordable than the average price of $1,713 in Truckee. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 63 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 443 % more expensive than the average price of ($17 / sq.feet) in Truckee. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 443 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $4,665 it is 68 % more affordable than the average price in Truckee. "House" is seen as the second most affordable property type. The most expensive property type is "Detached House" followed by "Land". At a price of $2,507 it is 38 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Detached House" at an average price of $1 / sq.feet followed by "Condo" priced at $13 / sq.feet. "Land" is the most expensive type of property with a $28 / sq.feet value followed by "House" with an average price of $17 / sq.feet.