Property prices for rent in Palos Verdes Peninsula (California)
The rent prices in real estate in Palos Verdes Peninsula, in the California region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Palos Verdes Peninsula has risen during the last 6 months. In October, the average price per sq.feet was $2.98. In the following month the price per sq.feet rose to $3.19. In the following two months the price per sq.feet has practically remained the same, going from $3.09 to $3.17 per sq.feet. The price per sq.feet has risen 108 % 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 $3.13 to $3.39 during February, and March.
When referring to the price in Palos Verdes Peninsula (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during October, is $9,549. During November the price went through a considerable rise reaching $11,591. During the following two months (December, January) the average price fell 87 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 87 %, going from $9,868.25 to $8,616 in 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 $8,747 they are 77 % more affordable than the average price for Palos Verdes Peninsula . The properties with the lowest average price have 4 bedrooms, Their price is 11 % more affordable than the average. After that we have properties with 3 bedrooms priced at $5,785.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $8,747 it is 43 % more affordable than the average price in Palos Verdes Peninsula. "" is seen as the second most affordable property type. The most affordable property is "" followed by "Townhouse". At a price of $4,986 it is 4 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "Townhouse with an average cost of $76 / sq.feet. "Townhouse" at an average price of $76 / sq.feet has the highest price and would be directed at more affluent cities.
