The rent prices in real estate in Reseda, in the California region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Reseda has risen strongly during the last 6 months. In June, the average price per sq.feet was $2.45. In the following month the price per sq.feet rose considerably to $5.92. The price for the following two months in (August, September) had a considerable fall of 52 with regard to the previous two months. The price per sq.feet has had a considerable fall of 70 % 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 $3.19 to $2.23 during October, and November.
When referring to the price in Reseda (cities), this has risen in the last 6 months. In our first sample month during June, the average price is $2,068. In July This price remains at $2,031. During the following two months (August, September) the price has had an average rise from $2,049.5 to $2,288. Based on an analysis of the first four prices and the last two months the average price has increased 107 % 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 $2,247 they are 28 % more affordable than the average price for Reseda . The properties with the highest average price have 4 bedrooms, Their price is 29 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,868.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.86 / sq.feet, with an average $2.27 / sq.feet price in Reseda. The properties with the most expensive average prices have 1 bedroom. They are 11 % more expensive than the average followed by properties with 3 bedrooms with a price at $2.24 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,247 it is 11 % more affordable than the average price in Reseda. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "Duplex" followed by "Townhouse". At a price of $2,281 it is 4 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $2.28 / sq.feet followed by "Townhouse" priced at $29 / sq.feet. "Duplex" is the most expensive type of property with a $37 / sq.feet value followed by "Townhouse" with an average price of $29 / sq.feet.