The rent prices in real estate in Abbotsford, in the British Columbia 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 Abbotsford has had a strong fall during the last 6 months. In October, the average price per sq.feet was $3.99. In the following month the price per sq.feet fell to $3.65. The price for the following two months in (December, January) had a considerable fall of 72 with regard to the previous two months. The price per sq.feet has had a considerable fall of 63 % 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 $3.28 to $2.06 during February, and March.
When referring to the price in Abbotsford (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $1,755. In November This price remains at $1,723. During the following two months (December, January) the average price fell 92 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 88 %, going from $1,666.25 to $1,461 in February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $1,489 they are 17 % more expensive than the average price for Abbotsford. Following this ranking we find those properties with 2 at an average price of $2,019. The properties with the highest average price have 4 bedrooms, Their price is 135 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,052.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most expensive ones at a cost of $2.43 / sq.feet, with an average $2.06 / sq.feet price in Abbotsford. The properties with the most expensive average prices have 1 bedroom. They are 47 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.78 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most expensive one. At an cost of $1,489 it is 5 % more expensive than the average price in Abbotsford. "" is seen as the second most expensive property type. The most expensive property type is "" followed by "House". At a price of $1,562 it is 69 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $1 / sq.feet. "House" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.