The rent prices in real estate in Hermosa Beach, in the California region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Hermosa Beach has barely changed in the last 6 months. In May, the average price per sq.feet was $3.76. In the following month the price per sq.feet fell to $3.57. In the following two months the price per sq.feet has practically remained the same, going from $3.66 to $3.59 per sq.feet. The price per sq.feet has risen 114 % 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 $3.62 to $4.14 during September, and October.
When referring to the price in Hermosa Beach (cities), this has risen considerably in the last 6 months. The rent price in May is $3,438, rising in June till $3,683. In the following two months the average price has hardly changed with regard to the previous two months from $3,560.5 to $3,451.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 139 % 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 $6,036 they are 51 % more affordable than the average price for Hermosa Beach . The properties with the highest average price have 4 bedrooms, Their price is 203 % more expensive than the average. After that we have properties with 3 bedrooms priced at $6,702.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $3.54 / sq.feet, with an average $4.38 / sq.feet price in Hermosa Beach. The properties with the most expensive average prices have 4 bedrooms. They are 36 % more expensive than the average followed by properties with 1 bedroom with a price at $4.7 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $6,036 it is 53 % more affordable than the average price in Hermosa Beach. "Triplex" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Townhouse". At a price of $5,081 it is 12 % 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 $3.37 / sq.feet followed by "House" priced at $3.95 / sq.feet. "Triplex" is the most expensive type of property with a $8 / sq.feet value followed by "Townhouse" with an average price of $4.76 / sq.feet.