The rent prices in real estate in Woodland Hills, 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 Woodland Hills has had a strong fall during the last 6 months. In August, the average price per sq.feet was $86.89. In the following month the price per sq.feet fell considerably to $32.16. The price for the following two months in (October, November) had a considerable fall of 7 with regard to the previous two months. The price per sq.feet has had a considerable fall of 36 % 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 $31.78 to $11.47 during December, and January.
When referring to the price in Woodland Hills (cities), this has risen in the last 6 months. In our first sample month during August, the average price is $2,861. In September This price remains at $2,791. During the following two months (October, November) the price has had an average rise from $2,826 to $2,999. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 117 % 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 $3,517 they are 31 % more affordable than the average price for Woodland Hills . The properties with the highest average price have 4 bedrooms, Their price is 67 % more expensive than the average. After that we have properties with 3 bedrooms priced at $4,236.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $2.33 / sq.feet, with an average $17.28 / sq.feet price in Woodland Hills. The properties with the most expensive average prices have 1 bedroom. They are 88 % more expensive than the average followed by properties with 2 bedrooms with a price at $9.57 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $3,517 it is 38 % more affordable than the average price in Woodland Hills. "Duplex" is seen as the second most affordable property type. The most affordable property is "Condo" followed by "". At a price of $2,891 it is 13 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $2.68 / sq.feet followed by "Townhouse" priced at $3.19 / sq.feet. "House" is the most expensive type of property with a $51.4 / sq.feet value followed by "Duplex" with an average price of $25 / sq.feet.