The rent prices in real estate in Granada Hills, in the California region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Granada Hills has fallen during the last 6 months. In December, the average price per sq.feet was $2.63. In January this price barely changed remaining at $2.54 per sq.feet. The price for the following two months in (February, March) fell 94 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 85 % 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 $2.51 to $2.13 during April, and May.
When referring to the price in Granada Hills (cities), there have hardly been any changes in the last 6 months. The average price for December is $2,500. During January the price had a slight fall till $2,318. During the following two months (February, March) the price has had an average rise from $2,409 to $2,567.5. 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 $2,230 they are 19 % more affordable than the average price for Granada Hills . The properties with the highest average price have 4 bedrooms, Their price is 80 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,958.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.85 / sq.feet, with an average $2.15 / sq.feet price in Granada Hills. The properties with the most expensive average prices have 1 bedroom. They are 17 % more expensive than the average followed by properties with 3 bedrooms with a price at $2 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,230 it is 13 % more affordable than the average price in Granada Hills. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $2,719 it is 59 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $2 / sq.feet followed by "Condo" priced at $15 / sq.feet. "Condo" is the most expensive type of property with a $15 / sq.feet value followed by "Apartment" with an average price of $2 / sq.feet.