The rent prices in real estate in Cornwall, in the Ontario 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 Cornwall has fallen during the last 6 months. In September, the average price per sq.feet was $2.92. In October this price barely changed remaining at $3.04 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.98 to $3.03 per sq.feet. The price per sq.feet has had a considerable fall of 76 % 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 $3 to $2.3 during January, and February.
When referring to the price in Cornwall (cities), this has fallen in the last 6 months. In our first sample month during September, the average price is $1,477. In October This price remains at $1,508. In the following two months the average price has hardly changed with regard to the previous two months from $1,492.5 to $1,466.5. During the last two months the average price has fallen greatly compared to the previous four going from $1,479.5 to $1,168.5, which means a 79 % fall.
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 $1,184 they are 36 % more affordable than the average price for Cornwall . The properties with the highest average price have 4 bedrooms, Their price is 93 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,026.
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 $2.11 / sq.feet price in Cornwall. The properties with the most expensive average prices have 2 bedrooms. They are 46 % more expensive than the average followed by properties with 1 bedroom with a price at $1.96 / sq.feet.
According to average price per property type in Cornwall, "" priced at $1,423 is 20 % more expensive than the average price ($1,184) in this city.