The rent prices in real estate in Fort Nelson, 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 Fort Nelson has had a strong fall during the last 6 months. In September, the average price per sq.feet was $1.05. In October this price barely changed remaining at $1 per sq.feet. In the following two months the price per sq.feet has risen 107 %, going from $1.02 to $1.1 per sq.feet. The price per sq.feet has had a considerable fall of 47 % 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 $1.06 to $0.5 during January, and February.
When referring to the price in Fort Nelson (cities), this has risen considerably in the last 6 months. In our first sample month during September, the average price is $438. In October This price remains at $436. In the following two months the average price has hardly changed with regard to the previous two months from $437 to $452.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 146 % during the last two months.
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 $651 they are 35 % more affordable than the average price for Fort Nelson . The properties with the highest average price have 3 bedrooms, Their price is 2 % more expensive than the average. After that we have properties with 4 bedrooms priced at $541.
According to average price per property type in Fort Nelson, "" priced at $541 is 17 % lower than the average price ($651) in this city.