The rent prices in real estate in Thousand Oaks, in the California region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Thousand Oaks has had a strong fall during the last 6 months. In February, the average price per sq.feet was $12.95. In the following month the price per sq.feet fell considerably to $8.45. The price for the following two months in (April, May) had a considerable fall of 23 with regard to the previous two months. The price per sq.feet has had a considerable rise of 156 % 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 $6.58 to $10.26 during June, and July.
When referring to the price in Thousand Oaks (cities), this has fallen in the last 6 months. The average price for February is $2,895. During March the price had a slight fall till $2,563. In the following two months the average price has hardly changed with regard to the previous two months from $2,729 to $2,657. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 92 %, going from $2,693 to $2,481 in 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 $2,390 they are 11 % more affordable than the average price for Thousand Oaks . The properties with the highest average price have 3 bedrooms, Their price is 22 % more expensive than the average. After that we have properties with 4 bedrooms priced at $2,710.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.54 / sq.feet, with an average $18.14 / sq.feet price in Thousand Oaks. The properties with the most expensive average prices have 2 bedrooms. They are 80 % more expensive than the average followed by properties with 1 bedroom with a price at $29.78 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $2,390 it is 9 % more affordable than the average price in Thousand Oaks. "House" is seen as the second most affordable property type. The most expensive property type is "" followed by "Duplex". At a price of $2,609 it is 15 % 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 $2.34 / sq.feet followed by "House" priced at $28.97 / sq.feet. "Duplex" is the most expensive type of property with a $41 / sq.feet value followed by "House" with an average price of $28.97 / sq.feet.