Property prices for rent in Brooks (Alberta)
The rent prices in real estate in Brooks, in the Alberta region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Brooks has fallen during the last 6 months. In October, the average price per sq.feet was $2.29. In November this price barely changed remaining at $2.3 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.3 to $2.36 per sq.feet. The price per sq.feet has had a considerable fall of 71 % 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 $2.33 to $1.64 during February, and March.
When referring to the price in Brooks (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,235. In November This price remains at $1,260. In the following two months the average price has hardly changed with regard to the previous two months from $1,247.5 to $1,200.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $1,224 to $1,156 in February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $1,196 they are 27 % more affordable than the average price for Brooks . The properties with the highest average price have 2 bedrooms, Their price is 20 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,401.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.33 / sq.feet, with an average $1.46 / sq.feet price in Brooks. The properties with the most expensive average prices have 1 bedroom. They are 55 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.33 / sq.feet.
According to average price per property type in Brooks, "" priced at $897 is 25 % lower than the average price ($1,196) in this city.
