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 June, the average price per sq.feet was $2.47. In the following month the price per sq.feet fell to $2.15. The price for the following two months in (August, September) had a considerable rise of 132 %. The price per sq.feet has had a considerable rise of 1002 % 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 $2.68 to $26.92 during October, and November.
When referring to the price in Signal Hill (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during June, is $2,403. During July the price went through a considerable rise reaching $2,867. During the following two months (August, September) 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 91 %, going from $2,489 to $2,264.5 in October and November.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 7 % more affordable than the average price of $2,283 in Signal Hill. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 7 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 6 % more expensive than the average price of ($54 / sq.feet) in Signal Hill. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 6 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $2,446 it is 7 % more affordable than the average price in Signal Hill. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Condo". At a price of $2,268 it is 7 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $49 / sq.feet followed by "House" priced at $54 / sq.feet. "House" is the most expensive type of property with a $54 / sq.feet value followed by "Condo" with an average price of $49 / sq.feet.