Property prices for rent in Courtenay (British Columbia)

The price per sq.feet in Courtenay has had a strong fall during the last 6 months. In October, the average price per sq.feet was $3.64. In November this price barely changed remaining at $3.66 per sq.feet. The price for the following two months in (December, January) had a considerable fall of 84 with regard to the previous two months. The price per sq.feet has had a considerable fall of 49 % 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 $3.35 to $1.63 during February, and March.

When referring to the price in Courtenay (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $1,714. In November This price remains at $1,768. In the following two months the average price has hardly changed with regard to the previous two months from $1,741 to $1,666. During the last two months the average price has fallen greatly compared to the previous four going from $1,703.5 to $1,124.5, which means a 66 % fall.

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $1,092 they are 64 % more expensive than the average price for Courtenay. Following this ranking we find those properties with 2 at an average price of $2,237. Based on the bedrooms values, properties with the most expensive rent prices are those with 3 bedrooms. They are 126 % more expensive than the average aforementioned.

With regard to the average price per sq.feet, those properties with 3 bedrooms are the most expensive ones at a cost of $2.65 / sq.feet, with an average $1.62 / sq.feet price in Courtenay. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 182 % more expensive than the average value aforementioned.