The rent prices in real estate in Clarington, in the Ontario region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Clarington has risen strongly during the last 6 months. In October, the average price per sq.feet was $2.93. In the following month the price per sq.feet rose considerably to $85.06. The price for the following two months in (December, January) had a considerable fall of 77 with regard to the previous two months. The price per sq.feet has had a considerable fall of 6 % 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 $38.93 to $2.26 during February, and March.
When referring to the price in Clarington (cities), this has risen in the last 6 months. The rent price in October is $2,477, rising in November till $2,686. During the following two months (December, January) the price has had an average rise from $2,581.5 to $2,809.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 95 %, going from $2,695.5 to $2,560 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 $2,421 they are 25 % more affordable than the average price for Clarington . The properties with the highest average price have 4 bedrooms, Their price is 30 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,068.
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 $2.35 / sq.feet price in Clarington. The properties with the most affordable average prices have 1 bedroom. They are 15 % more affordable than the average followed by properties with 3 bedrooms with a price at $1 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,421 it is 32 % more affordable than the average price in Clarington. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Land". At a price of $2,746 it is 19 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $2 / sq.feet followed by "Land" priced at $8 / sq.feet. "Land" is the most expensive type of property with a $8 / sq.feet value followed by "House" with an average price of $2 / sq.feet.