The rent prices in real estate in Encino, 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 Encino has risen during the last 6 months. In September, the average price per sq.feet was $2.4. In October this price barely changed remaining at $2.49 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.44 to $2.56 per sq.feet. The price per sq.feet has risen 109 % 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 $2.5 to $2.72 during January, and February.
When referring to the price in Encino (cities), this has risen considerably in the last 6 months. The average price during our first sample month during September, is $2,947. During October the price went through a considerable rise reaching $3,603. During the following two months (November, December) the price has had an average rise from $3,275 to $3,554.5. Based on an analysis of the first four prices and the last two months the average price has increased 112 % during the last two months.
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 $3,435 they are 47 % more affordable than the average price for Encino . The properties with the highest average price have 4 bedrooms, Their price is 109 % more expensive than the average. After that we have properties with 3 bedrooms priced at $4,596.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.15 / sq.feet, with an average $2.61 / sq.feet price in Encino. The properties with the most expensive average prices have 4 bedrooms. They are 46 % more expensive than the average followed by properties with 3 bedrooms with a price at $2.83 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $3,435 it is 42 % more affordable than the average price in Encino. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Land". At a price of $3,818 it is 52 % 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 $2.23 / sq.feet followed by "Condo" priced at $22.82 / sq.feet. "Land" is the most expensive type of property with a $59 / sq.feet value followed by "Townhouse" with an average price of $54 / sq.feet.