The rent prices in real estate in Panorama City, in the California region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Panorama City has fallen during the last 6 months. In August, the average price per sq.feet was $2.4. In September this price barely changed remaining at $2.37 per sq.feet. The price for the following two months in (October, November) fell 92 % with regard to the previous two months. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $2.3 to $2.19 during December y January
When referring to the price in Panorama City (cities), there have hardly been any changes in the last 6 months. In our first sample month during August, the average price is $1,843. In September This price remains at $1,901. In the following two months the average price has hardly changed with regard to the previous two months from $1,872 to $1,892.5. 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 $1,882.25 and $1,799 between December and January.
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 $1,779 they are 24 % more affordable than the average price for Panorama City . The properties with the highest average price have 3 bedrooms, Their price is 47 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,090.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.08 / sq.feet, with an average $2.12 / sq.feet price in Panorama City. The properties with the most expensive average prices have 4 bedrooms. They are 1362 % more expensive than the average followed by properties with 1 bedroom with a price at $2.15 / sq.feet.
The graph displaying the average rent prices displays the property type "Duplex" as the most affordable one. At an cost of $1,779 it is 6 % more affordable than the average price in Panorama City. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $1,826 it is 3 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Duplex" at an average price of $17 / sq.feet followed by "Condo" priced at $26 / sq.feet. "House" is the most expensive type of property with a $31 / sq.feet value followed by "Condo" with an average price of $26 / sq.feet.