The rent prices in real estate in Walnut Creek, in the California region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Walnut Creek has risen strongly during the last 6 months. In June, the average price per sq.feet was $3.31. In the following month the price per sq.feet rose considerably to $15.89. The price for the following two months in (August, September) had a considerable fall of 52 with regard to the previous two months. The price per sq.feet has had a considerable fall of 42 % 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 $7.28 to $3.03 during October, and November.
When referring to the price in Walnut Creek (cities), this has risen in the last 6 months. The rent price in June is $2,751, rising in July till $2,970. In the following two months the average price has hardly changed with regard to the previous two months from $2,860.5 to $2,987.5. 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 $2,924 and $2,826.5 between October and November.
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 $2,769 they are 11 % more affordable than the average price for Walnut Creek . The properties with the highest average price have 4 bedrooms, Their price is 37 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,609.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.98 / sq.feet, with an average $2.92 / sq.feet price in Walnut Creek. The properties with the most expensive average prices have 1 bedroom. They are 16 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.87 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $2,769 it is 18 % more affordable than the average price in Walnut Creek. "Land" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $2,731 it is 15 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $2.2 / sq.feet followed by "Townhouse" priced at $2.74 / sq.feet. "Land" is the most expensive type of property with a $38 / sq.feet value followed by "Commercial" with an average price of $29 / sq.feet.