The rent prices in real estate in Topanga, 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 Topanga has had a strong fall during the last 6 months. In January, the average price per sq.feet was $132.72. In the following month the price per sq.feet fell to $121.51. The price for the following two months in (March, April) had a considerable rise of 159 %. The price per sq.feet has had a considerable fall of 2 % 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 $164.54 to $4 during May, and June.
When referring to the price in Topanga (cities), this has risen considerably in the last 6 months. The average price for January is $4,950. During February the price had a slight fall till $4,399. During the following two months (March, April) the price has had an average rise from $4,674.5 to $5,167. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 203 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 32 % more affordable than the average price of $7,003 in Topanga. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 32 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 2000 % more expensive than the average price of ($84 / sq.feet) in Topanga. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 2000 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $10,348 it is 32 % more affordable than the average price in Topanga. "Land" is seen as the second most affordable property type. The most affordable property is "Land" followed by "House". At a price of $7,003 it is 21 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $84 / sq.feet followed by "Land" priced at $129 / sq.feet. "Land" is the most expensive type of property with a $129 / sq.feet value followed by "House" with an average price of $84 / sq.feet.