The rent prices in real estate in Paradise Valley, in the Arizona 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 Paradise Valley has risen during the last 6 months. In December, the average price per sq.feet was $2.87. In January this price barely changed remaining at $2.93 per sq.feet. The price for the following two months in (February, March) had a considerable rise of 117 %. 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 $3.15 to $3.09 during April y May
When referring to the price in Paradise Valley (cities), this has risen considerably in the last 6 months. The rent price in December is $9,449, rising in January till $10,357. During the following two months (February, March) the average price had a considerable rise of 143 % 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 108 % 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 $13,246 they are 88 % more affordable than the average price for Paradise Valley . The properties with the highest average price have 4 bedrooms, Their price is 104 % more expensive than the average. After that we have properties with 3 bedrooms priced at $5,904.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $2 / sq.feet, with an average $3.08 / sq.feet price in Paradise Valley. The properties with the most expensive average prices have 4 bedrooms. They are 30 % more expensive than the average followed by properties with 1 bedroom with a price at $2 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $13,246 it is 86 % more affordable than the average price in Paradise Valley. "House" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "Condo". At a price of $3,814 it is 65 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1 / sq.feet followed by "Apartment" priced at $25 / sq.feet. "Townhouse" is the most expensive type of property with a $638 / sq.feet value followed by "House" with an average price of $45 / sq.feet.