The rent prices in real estate in Castlegar, in the British Columbia 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 Castlegar has had a strong fall during the last 6 months. In October, the average price per sq.feet was $2. In November this price barely changed remaining at $2 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2 to $2 per sq.feet. The price per sq.feet has had a considerable fall of 50 % 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 to $1 during February, and March.
When referring to the price in Castlegar (cities), this has risen in the last 6 months. In our first sample month during October, the average price is $1,434. In November This price remains at $1,434. In the following two months the average price has hardly changed with regard to the previous two months from $1,434 to $1,434. Based on an analysis of the first four prices and the last two months the average price has increased 113 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 14 % more affordable than the average price of $1,389 in Castlegar. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 14 % more affordable than the average aforementioned.
According to average price per property type in Castlegar, "" priced at $1,389 is 14 % lower than the average price ($1,615) in this city.