The rent prices in real estate in Signal Hill, 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 Signal Hill has risen during the last 6 months. In March, the average price per sq.feet was $2.73. In April this price barely changed remaining at $2.6 per sq.feet. In the following two months the price per sq.feet has risen 113 %, going from $2.66 to $3.01 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 $2.84 to $2.98 during July, and August.
When referring to the price in Signal Hill (cities), this has risen considerably in the last 6 months. The rent price in March is $2,985, rising in April till $3,205. During the following two months (May, June) the average price had a considerable rise of 119 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 153 % 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 $4,325 they are 51 % more affordable than the average price for Signal Hill . The properties with the highest average price have 4 bedrooms, Their price is 71 % more expensive than the average. After that we have properties with 3 bedrooms priced at $4,345.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2 / sq.feet, with an average $2.96 / sq.feet price in Signal Hill. The properties with the most expensive average prices have 1 bedroom. They are 6 % more expensive than the average followed by properties with 2 bedrooms with a price at $2 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $4,325 it is 54 % more affordable than the average price in Signal Hill. "Townhouse" is seen as the second most affordable property type. The most affordable property is "" followed by "Townhouse". At a price of $2,157 it is 19 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Townhouse" at an average price of $12 / sq.feet followed by "House" priced at $14 / sq.feet. "House" is the most expensive type of property with a $14 / sq.feet value followed by "Townhouse" with an average price of $12 / sq.feet.