The rent prices in real estate in Playa Del Rey, in the California region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Playa Del Rey has had a strong fall during the last 6 months. In January, the average price per sq.feet was $55.1. In the following month the price per sq.feet fell considerably to $3.21. The price for the following two months in (March, April) had a considerable rise of 172 %. The price per sq.feet has risen 111 % 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 $39.58 to $44.07 during May, and June.
When referring to the price in Playa Del Rey (cities), there have hardly been any changes in the last 6 months. The average price for January is $3,062. During February the price had a slight fall till $2,883. In the following two months the average price has hardly changed with regard to the previous two months from $2,972.5 to $3,080.5. Based on an analysis of the first four prices and the last two months the average price has increased 115 % 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 $3,518 they are 33 % more affordable than the average price for Playa Del Rey . The properties with the highest average price have 4 bedrooms, Their price is 345 % more expensive than the average. After that we have properties with 3 bedrooms priced at $4,772.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $3.08 / sq.feet, with an average $61.1 / sq.feet price in Playa Del Rey. The properties with the most affordable average prices have 2 bedrooms. They are 95 % more affordable than the average followed by properties with 1 bedroom with a price at $3.08 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $3,518 it is 23 % more affordable than the average price in Playa Del Rey. "Duplex" is seen as the second most affordable property type. The most affordable property is "Duplex" followed by "". At a price of $2,723 it is 14 % more affordable than the average price.
According to the average area price by sq.feet the most affordable property type is "Duplex with an average cost of $51 / sq.feet. "Duplex" with an average price of $51 / sq.feet has the most affordable price and would be directed at less affluent cities.