The rent prices in real estate in Valley Village, in the California region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Valley Village has fallen during the last 6 months. In March, the average price per sq.feet was $2.69. In April this price barely changed remaining at $2.67 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.68 to $2.57 per sq.feet. The price per sq.feet has fallen 95 % 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 $2.62 to $2.48 during July, and August.
When referring to the price in Valley Village (cities), there have hardly been any changes in the last 6 months. In our first sample month during March, the average price is $2,277. In April This price remains at $2,173. In the following two months the average price has hardly changed with regard to the previous two months from $2,225 to $2,190. 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 $2,207.5 and $2,221 between July and August.
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 $2,265 they are 16 % more affordable than the average price for Valley Village . The properties with the highest average price have 4 bedrooms, Their price is 181 % more expensive than the average. After that we have properties with 3 bedrooms priced at $4,114.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.36 / sq.feet, with an average $2.43 / sq.feet price in Valley Village. The properties with the most expensive average prices have 3 bedrooms. They are 10 % more expensive than the average followed by properties with 1 bedroom with a price at $2.53 / sq.feet.
The graph displaying the average rent prices displays the property type "Duplex" as the most expensive one. At an cost of $2,265 it is 12 % more expensive than the average price in Valley Village. "" is seen as the second most expensive property type. The most expensive property type is "Apartment" followed by "". At a price of $2,549 it is 17 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Duplex" at an average price of $49 / sq.feet followed by "Apartment" priced at $52 / sq.feet. "Apartment" is the most expensive type of property with a $52 / sq.feet value followed by "Duplex" with an average price of $49 / sq.feet.