The rent prices in real estate in Spring Valley, 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 Spring Valley has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.93. In the following month the price per sq.feet rose to $2.17. In the following two months the price per sq.feet has risen 111 %, going from $2.05 to $2.28 per sq.feet. The price per sq.feet has had a considerable rise of 117 % 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 $2.16 to $2.53 during March, and April.
When referring to the price in Spring Valley (cities), this has risen in the last 6 months. The average price during our first sample month during November, is $1,920. During December the price went through a considerable rise reaching $2,209. In the following two months the average price has hardly changed with regard to the previous two months from $2,064.5 to $2,073.5. 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 $2,069 and $2,038.5 between March and April.
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 $2,050 they are 8 % more affordable than the average price for Spring Valley . The properties with the highest average price have 4 bedrooms, Their price is 40 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,338.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $2.54 / sq.feet price in Spring Valley. The properties with the most expensive average prices have 1 bedroom. They are 16 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.48 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,050 it is 21 % more affordable than the average price in Spring Valley. "Duplex" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Townhouse". At a price of $2,020 it is 26 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1 / sq.feet followed by "House" priced at $2 / sq.feet. "House" is the most affordable type of property with a $2 / sq.feet value followed by "Condo" with an average price of $1 / sq.feet.