The rent prices in real estate in Georgina, in the Ontario 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 Georgina has had a strong fall during the last 6 months. In October, the average price per sq.feet was $4.96. In the following month the price per sq.feet rose considerably to $6.86. The price for the following two months in (December, January) had a considerable fall of 27 with regard to the previous two months. The price per sq.feet has had a considerable fall of 66 % 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 $3.76 to $2.5 during February, and March.
When referring to the price in Georgina (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $2,460. In November This price remains at $2,400. In the following two months the average price has hardly changed with regard to the previous two months from $2,430 to $2,456. Based on an analysis of the first four prices and the last two months the average price has increased 107 % during the last two months.
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 $2,422 they are 10 % more affordable than the average price for Georgina . The properties with the highest average price have 1 bedroom, Their price is 13 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,183.
With regard to the average prices per sq.feet those properties with 1 bedroom are 920 % more expensive than the average price of ($51 / sq.feet) in Georgina. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 920 % more expensive than the average value aforementioned.
According to average price per property type in Georgina, "" priced at $2,168 is 10 % lower than the average price ($2,422) in this city.