The rent prices in real estate in Litchfield Park, in the Arizona 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 Litchfield Park has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.14. In the following month the price per sq.feet rose considerably to $1.34. In the following two months the price per sq.feet has risen 108 %, going from $1.24 to $1.35 per sq.feet. The price per sq.feet has had a considerable rise of 123 % 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 $1.29 to $1.6 during March, and April.
When referring to the price in Litchfield Park (cities), this has risen considerably in the last 6 months. The rent price in November is $2,243, rising in December till $2,482. In the following two months the average price has hardly changed with regard to the previous two months from $2,362.5 to $2,445. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 118 % 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 $2,896 they are 49 % more affordable than the average price for Litchfield Park . The properties with the lowest average price have 3 bedrooms, Their price is 22 % more affordable than the average. After that we have properties with 4 bedrooms priced at $2,147.
With regard to the average prices per sq.feet those properties with 1 bedroom are 38 % more affordable than the average price of ($1 / sq.feet) in Litchfield Park. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 38 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,896 it is 53 % more affordable than the average price in Litchfield Park. "Townhouse" is seen as the second most affordable property type. The most affordable property is "House" followed by "Townhouse". At a price of $1,507 it is 30 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1 / sq.feet followed by "Townhouse" priced at $44 / sq.feet. "Townhouse" is the most expensive type of property with a $44 / sq.feet value followed by "House" with an average price of $1 / sq.feet.