The rent prices in real estate in Dundas, 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 Dundas has risen strongly during the last 6 months. In September, the average price per sq.feet was $2.17. In the following month the price per sq.feet rose to $2.38. In the following two months the price per sq.feet has risen 106 %, going from $2.28 to $2.41 per sq.feet. The price per sq.feet has had a considerable rise of 166 % 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 $2.34 to $3.9 during January, and February.
When referring to the price in Dundas (cities), this has risen considerably in the last 6 months. The average price during our first sample month during September, is $763. During October the price went through a considerable rise reaching $975. During the following two months (November, December) the average price had a considerable rise of 157 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 178 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,965 they are 45 % more affordable than the average price for Dundas . The properties with the highest average price have 3 bedrooms, Their price is 31 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,964.
With regard to the average prices per sq.feet those properties with 1 bedroom are 40 % more affordable than the average price of ($3 / sq.feet) in Dundas. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 40 % more affordable than the average value aforementioned.
According to average price per property type in Dundas, "" priced at $1,930 is 2 % lower than the average price ($1,965) in this city.