Property prices for rent in Spring Valley (California)
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.
