The rent prices in real estate in Palos Verdes Peninsula, in the California 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 Palos Verdes Peninsula has risen strongly during the last 6 months. In April, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $3. In the following two months the price per sq.feet has practically remained the same, going from $2 to $2 per sq.feet. The price per sq.feet has had a considerable rise of 2015 % 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 to $40.29 during August, and September.
When referring to the price in Palos Verdes Peninsula (cities), this has fallen considerably in the last 6 months. The average price for April is $8,688. During May the price had a considerable fall till $7,167. During the following two months (June, July) the average price had a considerable fall of 68 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 111 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 31 % more affordable than the average price of $5,887 in Palos Verdes Peninsula. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 31 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 1444 % more expensive than the average price of ($40 / sq.feet) in Palos Verdes Peninsula. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 1444 % more expensive than the average value aforementioned.
With regard to the average price based upon the property in Palos Verdes Peninsula we can see that the most affordable property type is "House" at a price of $5,236, they are 39 % cheaper than the average price of (!PRECIO2!). "House" has the most affordable price. This price is 39 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $118 / sq.feet. "House" at an average price of $118 / sq.feet has the highest price and would be directed at more affluent cities.