Property prices for rent in Ancaster (Ontario)
The rent prices in real estate in Ancaster, in the Ontario 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 Ancaster has had a strong fall during the last 6 months. In October, the average price per sq.feet was $2.52. In November this price barely changed remaining at $2.53 per sq.feet. The price for the following two months in (December, January) fell 85 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 81 % 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 $2.34 to $1.89 during February, and March.
When referring to the price in Ancaster (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $2,862. In November This price remains at $2,865. In the following two months the average price has hardly changed with regard to the previous two months from $2,863.5 to $2,736. 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 $2,799.75 and $2,847.5 between February and March.
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 $2,887 they are 32 % more affordable than the average price for Ancaster . The properties with the highest average price have 3 bedrooms, Their price is 1 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,481.
With regard to the average prices per sq.feet those properties with 1 bedroom are 15 % more expensive than the average price of ($2 / sq.feet) in Ancaster. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 15 % more expensive than the average value aforementioned.
According to average price per property type in Ancaster, "" priced at $2,126 is 26 % lower than the average price ($2,887) in this city.
