Property prices for rent in Duncan (British Columbia)
The rent prices in real estate in Duncan, 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 Duncan has had a strong fall during the last 6 months. In October, the average price per sq.feet was $4.25. In the following month the price per sq.feet fell to $4.02. The price for the following two months in (December, January) had a considerable fall of 60 with regard to the previous two months. The price per sq.feet has had a considerable fall of 53 % 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 $3.32 to $1.75 during February, and March.
When referring to the price in Duncan (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $1,805. In November This price remains at $1,780. During the following two months (December, January) the average price had a considerable fall of 82 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $1,630 to $1,323, which means a 81 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,450 they are 34 % more affordable than the average price for Duncan . The properties with the highest average price have 3 bedrooms, Their price is 55 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,005.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most expensive ones at a cost of $2 / sq.feet, with an average $1.9 / sq.feet price in Duncan. The properties with the most expensive average prices have 2 bedrooms. They are 177 % more expensive than the average followed by properties with 1 bedroom with a price at $2.21 / sq.feet.
According to average price per property type in Duncan, "" priced at $950 is 34 % lower than the average price ($1,450) in this city.
