The rent prices in real estate in Reseda, 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 Reseda has risen during the last 6 months. In January, the average price per sq.feet was $2.44. In February this price barely changed remaining at $2.43 per sq.feet. In the following two months the price per sq.feet has risen 107 %, going from $2.43 to $2.61 per sq.feet. The price per sq.feet has risen 110 % 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 $2.52 to $2.78 during May, and June.
When referring to the price in Reseda (cities), this has risen in the last 6 months. In our first sample month during January, the average price is $2,163. In February This price remains at $2,176. During the following two months (March, April) the price has had an average rise from $2,169.5 to $2,321.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $2,245.5 and $2,327.5 between May and June.
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 $2,360 they are 27 % more affordable than the average price for Reseda . The properties with the highest average price have 3 bedrooms, Their price is 43 % more expensive than the average. After that we have properties with 4 bedrooms priced at $3,179.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $2 / sq.feet, with an average $2.82 / sq.feet price in Reseda. The properties with the most expensive average prices have 1 bedroom. They are 6 % more expensive than the average followed by properties with 3 bedrooms with a price at $2.78 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,360 it is 28 % more affordable than the average price in Reseda. "Duplex" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "Condo". At a price of $2,511 it is 28 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $2 / sq.feet followed by "Duplex" priced at $18 / sq.feet. "Duplex" is the most expensive type of property with a $18 / sq.feet value followed by "House" with an average price of $2 / sq.feet.