The rent prices in real estate in Hanford, 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 Hanford has fallen during the last 6 months. In October, the average price per sq.feet was $1.68. In November this price barely changed remaining at $1.71 per sq.feet. The price for the following two months in (December, January) fell 87 % with regard to the previous two months. The price per sq.feet has fallen 90 % 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 $1.58 to $1.42 during February, and March.
When referring to the price in Hanford (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,982. In November This price remains at $1,967. In the following two months the average price has hardly changed with regard to the previous two months from $1,974.5 to $1,926. 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 $1,950.25 and $1,944 between February and March.
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 $1,934 they are 24 % more affordable than the average price for Hanford . The properties with the highest average price have 4 bedrooms, Their price is 287 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,081.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.4 / sq.feet, with an average $1.47 / sq.feet price in Hanford. The properties with the most expensive average prices have 4 bedrooms. They are 208 % more expensive than the average followed by properties with 1 bedroom with a price at $1.93 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,934 it is 27 % more affordable than the average price in Hanford. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $1,690 it is 6 % 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 $1.36 / sq.feet followed by "Apartment" priced at $1.71 / sq.feet. "Apartment" is the most expensive type of property with a $1.71 / sq.feet value followed by "House" with an average price of $1.36 / sq.feet.