The rent prices in real estate in Woodland 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 Woodland Hills has risen strongly during the last 6 months. In March, the average price per sq.feet was $3.77. In the following month the price per sq.feet fell considerably to $2.59. The price for the following two months in (May, June) had a considerable fall of 83 with regard to the previous two months. The price per sq.feet has had a considerable rise of 3527 % 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 $2.91 to $102.47 during July, and August.
When referring to the price in Woodland Hills (cities), this has risen in the last 6 months. In our first sample month during March, the average price is $2,402. In April This price remains at $2,507. During the following two months (May, June) the price has had an average rise from $2,454.5 to $2,607. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 116 % 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 $2,861 they are 12 % more affordable than the average price for Woodland Hills . The properties with the highest average price have 4 bedrooms, Their price is 92 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,603.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $51.94 / sq.feet, with an average $86.89 / sq.feet price in Woodland Hills. The properties with the most expensive average prices have 1 bedroom. They are 24 % more expensive than the average followed by properties with 2 bedrooms with a price at $92.69 / sq.feet.
The graph displaying the average rent prices displays the property type "Duplex" as the most affordable one. At an cost of $2,861 it is 18 % more affordable than the average price in Woodland Hills. "" is seen as the second most affordable property type. The most expensive property type is "Townhouse" followed by "". At a price of $2,345 it is 17 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Duplex" at an average price of $30 / sq.feet followed by "Townhouse" priced at $135 / sq.feet. "Townhouse" is the most expensive type of property with a $135 / sq.feet value followed by "Duplex" with an average price of $30 / sq.feet.