Property prices for rent in Chestermere (Alberta)
The rent prices in real estate in Chestermere, in the Alberta 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 Chestermere has had a strong fall during the last 6 months. In October, the average price per sq.feet was $2.09. In the following month the price per sq.feet fell considerably to $1.47. The price for the following two months in (December, January) had a considerable fall of 82 with regard to the previous two months. The price per sq.feet has fallen 89 % 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 $1.62 to $1.45 during February, and March.
When referring to the price in Chestermere (cities), this has risen in the last 6 months. In our first sample month during October, the average price is $2,292. In November This price remains at $2,311. During the following two months (December, January) the average price had a considerable rise of 118 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 86 %, going from $2,509.25 to $2,168 in February and March.
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 $2,295 they are 38 % more affordable than the average price for Chestermere . The properties with the highest average price have 3 bedrooms, Their price is 5 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,798.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.61 / sq.feet price in Chestermere. The properties with the most expensive average prices have 2 bedrooms. They are 148 % more expensive than the average followed by properties with 3 bedrooms with a price at $1 / sq.feet.
According to average price per property type in Chestermere, "" priced at $1,783 is 22 % lower than the average price ($2,295) in this city.
