The rent prices in real estate in West Hills, in the California 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 West Hills has risen strongly during the last 6 months. In March, the average price per sq.feet was $1.94. In the following month the price per sq.feet fell considerably to $1.57. The price for the following two months in (May, June) had a considerable rise of 126 %. The price per sq.feet has had a considerable rise of 1179 % 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 $1.98 to $23.33 during July, and August.
When referring to the price in West Hills (cities), there have hardly been any changes in the last 6 months. The average price for March is $2,854. During April the price had a considerable fall till $1,923. During the following two months (May, June) the average price had a considerable rise of 126 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 126 % during the last two months.
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 $2,685 they are 42 % more affordable than the average price for West Hills . The properties with the highest average price have 2 bedrooms, Their price is 40 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,545.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 19 % more affordable than the average price of ($34 / sq.feet) in West Hills. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 19 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Farm" as the most expensive one. At an cost of $2,685 it is 20 % more expensive than the average price in West Hills. "House" is seen as the second most expensive property type. The most expensive property type is "" followed by "Townhouse". At a price of $4,592 it is 111 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Farm" at an average price of $13 / sq.feet followed by "House" priced at $34 / sq.feet. "Townhouse" is the most expensive type of property with a $66 / sq.feet value followed by "House" with an average price of $34 / sq.feet.