The rent prices in real estate in Pacoima, 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 Pacoima has barely changed in the last 6 months. In October, the average price per sq.feet was $2.7. In the following month the price per sq.feet fell to $2.4. The price for the following two months in (December, January) fell 92 % with regard to the previous two months. The price per sq.feet has had a considerable rise of 119 % 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 $2.44 to $2.89 during February, and March.
When referring to the price in Pacoima (cities), this has risen in the last 6 months. The rent price in October is $2,878, rising in November till $3,203. In the following two months the average price has hardly changed with regard to the previous two months from $3,040.5 to $3,151.5. 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 $3,096 and $3,022 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 $2,897 they are 60 % more affordable than the average price for Pacoima . The properties with the lowest average price have 2 bedrooms, Their price is 12 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,145.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 681 % more expensive than the average price of ($26 / sq.feet) in Pacoima. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 681 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Detached House" as the most affordable one. At an cost of $2,897 it is 14 % more affordable than the average price in Pacoima. "Condo" is seen as the second most affordable property type. The most affordable property is "House" followed by "Condo". At a price of $2,509 it is 12 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Detached House" at an average price of $12 / sq.feet followed by "Condo" priced at $17 / sq.feet. "House" is the most expensive type of property with a $26 / sq.feet value followed by "Condo" with an average price of $17 / sq.feet.