The rent prices in real estate in Aurora, in the Ontario region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Aurora has risen during the last 6 months. In September, the average price per sq.feet was $3.37. In October this price barely changed remaining at $3.48 per sq.feet. The price for the following two months in (November, December) had a considerable rise of 128 %. The price per sq.feet has had a considerable fall of 80 % 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 $3.91 to $3.13 during January, and February.
When referring to the price in Aurora (cities), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $2,691. In October This price remains at $2,664. During the following two months (November, December) the average price fell 93 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 107 % 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 $2,709 they are 28 % more affordable than the average price for Aurora . The properties with the highest average price have 4 bedrooms, Their price is 61 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,375.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $3.17 / sq.feet price in Aurora. The properties with the most expensive average prices have 2 bedrooms. They are 142 % more expensive than the average followed by properties with 1 bedroom with a price at $7.37 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,709 it is 13 % more affordable than the average price in Aurora. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "". At a price of $2,829 it is 5 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $2 / sq.feet followed by "House" priced at $5 / sq.feet. "House" is the most expensive type of property with a $5 / sq.feet value followed by "Condo" with an average price of $2 / sq.feet.