The rent prices in real estate in Bayfield, 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 Bayfield has had a strong fall during the last 6 months. In November, the average price per sq.feet was $2. In December this price barely changed remaining at $2 per sq.feet. The price for the following two months in (January, February) had a considerable fall of 75 with regard to the previous two months. The price per sq.feet has had a considerable fall of 57 % 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 $1.75 to $1 during March, and April.
When referring to the price in Bayfield (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $999. In December This price remains at $999. In the following two months the average price has hardly changed with regard to the previous two months from $999 to $998.5. 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 $998.75 and $998 between March and April.