The rent prices in real estate in Ancaster, in the Ontario 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 Ancaster has risen strongly during the last 6 months. In April, the average price per sq.feet was $1. In May this price barely changed remaining at $1 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1 to $1 per sq.feet. The price per sq.feet has had a considerable rise of 153 % 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 to $1.52 during August, and September.
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 April, the average price is $3,271. In May This price remains at $3,265. In the following two months the average price has hardly changed with regard to the previous two months from $3,268 to $3,189.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 92 %, going from $3,228.75 to $2,974 in August and September.
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 $2,950 they are 28 % more affordable than the average price for Ancaster . The properties with the lowest average price have 3 bedrooms, Their price is 0 % more affordable than the average. After that we have properties with 2 bedrooms priced at $2,499.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.83 / sq.feet, with an average $2.05 / sq.feet price in Ancaster. The properties with the most expensive average prices have 1 bedroom. They are 219 % more expensive than the average followed by properties with 3 bedrooms with a price at $1.96 / sq.feet.
According to average price per property type in Ancaster, "" priced at $2,144 is 27 % lower than the average price ($2,950) in this city.