The rent prices in real estate in Sun 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 Sun Valley has risen strongly during the last 6 months. In October, the average price per sq.feet was $2.25. In November this price barely changed remaining at $2.19 per sq.feet. The price for the following two months in (December, January) had a considerable rise of 180 %. The price per sq.feet has had a considerable fall of 77 % 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 $3.11 to $2.41 during February, and March.
When referring to the price in Sun Valley (cities), there have hardly been any changes in the last 6 months. The rent price in October is $2,166, rising in November till $2,305. During the following two months (December, January) the average price fell 95 % with regard to the previous two months. 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 $2,175 and $2,113 between February and March.
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 $2,143 they are 26 % more affordable than the average price for Sun Valley . The properties with the highest average price have 4 bedrooms, Their price is 118 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,700.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.33 / sq.feet, with an average $2.46 / sq.feet price in Sun Valley. The properties with the most expensive average prices have 3 bedrooms. They are 1491 % more expensive than the average followed by properties with 1 bedroom with a price at $2.42 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,143 it is 7 % more affordable than the average price in Sun Valley. "Condo" is seen as the second most affordable property type. The most expensive property type is "Land" followed by "Condo". At a price of $2,117 it is 2 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Condo" at an average price of $19 / sq.feet followed by "Land" priced at $20 / sq.feet. "Land" is the most expensive type of property with a $20 / sq.feet value followed by "Condo" with an average price of $19 / sq.feet.