The rent prices in real estate in Redondo Beach, 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 Redondo Beach has risen during the last 6 months. In October, the average price per sq.feet was $3.57. In November this price barely changed remaining at $3.45 per sq.feet. In the following two months the price per sq.feet has risen 110 %, going from $3.51 to $3.86 per sq.feet. The price per sq.feet has risen 105 % 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 $3.68 to $3.87 during February, and March.
When referring to the price in Redondo Beach (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $4,641. In November This price remains at $4,727. During the following two months (December, January) the average price fell 89 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 87 %, going from $4,418 to $3,849 in February and March.
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 $3,799 they are 24 % more affordable than the average price for Redondo Beach . The properties with the highest average price have 4 bedrooms, Their price is 126 % more expensive than the average. After that we have properties with 3 bedrooms priced at $5,551.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $3.13 / sq.feet, with an average $3.93 / sq.feet price in Redondo Beach. The properties with the most expensive average prices have 1 bedroom. They are 13 % more expensive than the average followed by properties with 2 bedrooms with a price at $3.78 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $3,799 it is 24 % more affordable than the average price in Redondo Beach. "House" is seen as the second most affordable property type. The most expensive property type is "Apartment" followed by "Condo". At a price of $6,264 it is 153 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $3 / sq.feet followed by "Condo" priced at $3.54 / sq.feet. "Townhouse" is the most expensive type of property with a $4.42 / sq.feet value followed by "House" with an average price of $3.94 / sq.feet.