The rent prices in real estate in Sunnyvale, in the Texas 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 Sunnyvale has risen strongly during the last 6 months. In February, the average price per sq.feet was $1. In March this price barely changed remaining at $1 per sq.feet. The price for the following two months in (April, May) had a considerable rise of 2700 %. The price per sq.feet has had a considerable rise of 229 % 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 $14 to $32 during June, and July.
When referring to the price in Sunnyvale (cities), this has risen in the last 6 months. The rent price in February is $2,520, rising in March till $2,864. In the following two months the average price has hardly changed with regard to the previous two months from $2,692 to $2,599. 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 $2,645.5 and $2,651.5 between June and July.
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 $2,770 they are 8 % more affordable than the average price for Sunnyvale . The properties with the lowest average price have 2 bedrooms, Their price is 2 % more affordable than the average. After that we have properties with 1 bedroom priced at $2,560.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $14 / sq.feet, with an average $37 / sq.feet price in Sunnyvale. The properties with the most affordable average prices have 2 bedrooms. They are 41 % more affordable than the average followed by properties with 1 bedroom with a price at $14 / sq.feet.
With regard to the average price based upon the property in Sunnyvale we can see that the most affordable property type is "House" at a price of $2,725, they are 2 % cheaper than the average price of (!PRECIO2!). "House" has the most affordable price. This price is 2 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $22 / sq.feet. "House" with an average price of $22 / sq.feet has the most affordable price and would be directed at less affluent cities.