The rent prices in real estate in Beverly Hills, 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 Beverly Hills has risen during the last 6 months. In June, the average price per sq.feet was $4.39. In the following month the price per sq.feet rose to $4.7. In the following two months the price per sq.feet has risen 106 %, going from $4.55 to $4.84 per sq.feet. The price per sq.feet has fallen 94 % 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 $4.69 to $4.41 during October, and November.
When referring to the price in Beverly Hills (cities), this has risen considerably in the last 6 months. The average price during our first sample month during June, is $10,233. During July the price went through a considerable rise reaching $14,759. During the following two months (August, September) the average price had a considerable rise of 120 % with regard to the previous two months. 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 $13,736.25 and $13,727 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 $13,556 they are 72 % more affordable than the average price for Beverly Hills . The properties with the highest average price have 4 bedrooms, Their price is 27 % more expensive than the average. After that we have properties with 3 bedrooms priced at $7,959.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $3.79 / sq.feet, with an average $4.36 / sq.feet price in Beverly Hills. The properties with the most expensive average prices have 4 bedrooms. They are 9 % more expensive than the average followed by properties with 1 bedroom with a price at $4.35 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $13,556 it is 66 % more affordable than the average price in Beverly Hills. "" is seen as the second most affordable property type. The most expensive property type is "Detached House" followed by "Townhouse". At a price of $21,127 it is 89 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $3.48 / sq.feet followed by "House" priced at $4.62 / sq.feet. "Townhouse" is the most expensive type of property with a $7 / sq.feet value followed by "Detached House" with an average price of $5.47 / sq.feet.