Property prices for rent in Beverly Hills (California)
The rent prices in real estate in Beverly Hills, 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 Beverly Hills has risen strongly during the last 6 months. In November, the average price per sq.feet was $3.79. In the following month the price per sq.feet fell to $3.59. In the following two months the price per sq.feet has risen 112 %, going from $3.69 to $4.12 per sq.feet. The price per sq.feet has had a considerable rise of 301 % 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 $3.9 to $11.74 during March, and April.
When referring to the price in Beverly Hills (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $8,106. In December This price remains at $7,741. In the following two months the average price has hardly changed with regard to the previous two months from $7,923.5 to $8,165.5. During the last two months the average price has fallen greatly compared to the previous four going from $8,044.5 to $4,306.5, which means a 54 % 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 $5,281 they are 39 % more affordable than the average price for Beverly Hills . The properties with the highest average price have 4 bedrooms, Their price is 210 % more expensive than the average. After that we have properties with 3 bedrooms priced at $7,109.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $3.09 / sq.feet, with an average $3.82 / sq.feet price in Beverly Hills. The properties with the most expensive average prices have 1 bedroom. They are 57 % more expensive than the average followed by properties with 4 bedrooms with a price at $4.51 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $5,281 it is 47 % more affordable than the average price in Beverly Hills. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Duplex". At a price of $5,892 it is 209 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Duplex" at an average price of $2.52 / sq.feet followed by "House" priced at $3.56 / sq.feet. "Condo" is the most expensive type of property with a $4.66 / sq.feet value followed by "House" with an average price of $3.56 / sq.feet.
