Property prices for rent in Signal Hill (California)
The rent prices in real estate in Signal Hill, 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 Signal Hill has risen strongly during the last 6 months. In October, the average price per sq.feet was $2.26. In the following month the price per sq.feet rose to $2.49. In the following two months the price per sq.feet has risen 109 %, going from $2.38 to $2.6 per sq.feet. The price per sq.feet has risen 108 % 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 $2.49 to $2.68 during February, and March.
When referring to the price in Signal Hill (cities), this has fallen considerably in the last 6 months. The rent price in October is $4,183, rising in November till $4,436. During the following two months (December, January) the average price had a considerable fall of 80 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $3,874.25 to $2,921, which means a 75 % fall.
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 $2,985 they are 31 % more affordable than the average price for Signal Hill . The properties with the highest average price have 4 bedrooms, Their price is 148 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,633.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.58 / sq.feet, with an average $2.73 / sq.feet price in Signal Hill. The properties with the most expensive average prices have 1 bedroom. They are 10 % more expensive than the average followed by properties with 3 bedrooms with a price at $2.87 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $2,985 it is 34 % more affordable than the average price in Signal Hill. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "" followed by "Townhouse". At a price of $2,157 it is 17 % more expensive 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 "Condo" priced at $14 / sq.feet. "Condo" is the most expensive type of property with a $14 / sq.feet value followed by "Townhouse" with an average price of $12 / sq.feet.
