The rent prices in real estate in Ventura, 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 Ventura has had a strong fall during the last 6 months. In April, the average price per sq.feet was $15.94. In the following month the price per sq.feet fell considerably to $9.66. In the following two months the price per sq.feet has risen 108 %, going from $12.8 to $13.77 per sq.feet. The price per sq.feet has had a considerable fall of 15 % 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 $13.28 to $1.93 during August, and September.
When referring to the price in Ventura (cities), there have hardly been any changes in the last 6 months. The rent price in April is $2,220, rising in May till $2,333. During the following two months (June, July) the price has had an average rise from $2,276.5 to $2,445. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from $2,360.75 to $2,099.5 in August and September.
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 $2,297 they are 28 % more affordable than the average price for Ventura . The properties with the highest average price have 4 bedrooms, Their price is 57 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,193.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.84 / sq.feet, with an average $2.06 / sq.feet price in Ventura. The properties with the most expensive average prices have 1 bedroom. They are 52 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.18 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,297 it is 46 % more affordable than the average price in Ventura. "Office" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Townhouse". At a price of $2,283 it is 26 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Office" at an average price of $1.24 / sq.feet followed by "Condo" priced at $2.04 / sq.feet. "Townhouse" is the most expensive type of property with a $47 / sq.feet value followed by "House" with an average price of $2.34 / sq.feet.