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 July, the average price per sq.feet was $47.68. In the following month the price per sq.feet fell considerably to $36.88. The price for the following two months in (September, October) had a considerable fall of 38 with regard to the previous two months. The price per sq.feet has had a considerable fall of 48 % 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 $29.15 to $13.89 during November, and December.
When referring to the price in Thousand Oaks (cities), this has fallen in the last 6 months. The average price for July is $2,800. During August the price had a slight fall till $2,621. In the following two months the average price has hardly changed with regard to the previous two months from $2,710.5 to $2,611. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 95 %, going from $2,660.75 to $2,522.5 in November and December.
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 $2,524 they are 22 % more affordable than the average price for Thousand Oaks . The properties with the highest average price have 4 bedrooms, Their price is 43 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,956.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.79 / sq.feet, with an average $13.09 / sq.feet price in Thousand Oaks. The properties with the most expensive average prices have 2 bedrooms. They are 218 % more expensive than the average followed by properties with 1 bedroom with a price at $20.01 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,524 it is 6 % more affordable than the average price in Thousand Oaks. "Duplex" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $2,760 it is 18 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.79 / sq.feet followed by "Apartment" priced at $25.46 / sq.feet. "Duplex" is the most expensive type of property with a $48 / sq.feet value followed by "Apartment" with an average price of $25.46 / sq.feet.