The rent prices in real estate in Rancho Palos Verdes, 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 Rancho Palos Verdes has risen during the last 6 months. In July, the average price per sq.feet was $2.34. In the following month the price per sq.feet rose to $2.47. In the following two months the price per sq.feet has practically remained the same, going from $2.4 to $2.38 per sq.feet. The price per sq.feet has risen 113 % 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 $2.39 to $2.7 during November, and December.
When referring to the price in Rancho Palos Verdes (cities), there have hardly been any changes in the last 6 months. In our first sample month during July, the average price is $3,783. In August This price remains at $3,889. In the following two months the average price has hardly changed with regard to the previous two months from $3,836 to $3,773.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from $3,804.75 to $3,384 in November and December.
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 $3,475 they are 19 % more affordable than the average price for Rancho Palos Verdes . The properties with the highest average price have 4 bedrooms, Their price is 62 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,290.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.07 / sq.feet, with an average $2.96 / sq.feet price in Rancho Palos Verdes. The properties with the most expensive average prices have 4 bedrooms. They are 5024 % more expensive than the average followed by properties with 1 bedroom with a price at $4.27 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $3,475 it is 13 % more affordable than the average price in Rancho Palos Verdes. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $3,560 it is 40 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Apartment" at an average price of $3.1 / sq.feet followed by "House" priced at $64.51 / sq.feet. "House" is the most expensive type of property with a $64.51 / sq.feet value followed by "Apartment" with an average price of $3.1 / sq.feet.