The rent prices in real estate in Gloucester, in the Ontario region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Gloucester has fallen during the last 6 months. In October, the average price per sq.feet was $4.04. In the following month the price per sq.feet fell to $3.76. The price for the following two months in (December, January) fell 90 % with regard to the previous two months. The price per sq.feet has fallen 90 % 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 $3.71 to $3.34 during February, and March.
When referring to the price in Gloucester (cities), this has risen in the last 6 months. The rent price in October is $2,007, rising in November till $2,143. During the following two months (December, January) the price has had an average rise from $2,075 to $2,275. Based on an analysis of the first four prices and the last two months the average price has increased 108 % 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 $2,363 they are 22 % more affordable than the average price for Gloucester . The properties with the highest average price have 4 bedrooms, Their price is 51 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,695.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.83 / sq.feet, with an average $3.06 / sq.feet price in Gloucester. The properties with the most expensive average prices have 4 bedrooms. They are 10121 % more expensive than the average followed by properties with 1 bedroom with a price at $4.35 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,363 it is 19 % more affordable than the average price in Gloucester. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $2,267 it is 38 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $2.95 / sq.feet followed by "House" priced at $189.62 / sq.feet. "House" is the most expensive type of property with a $189.62 / sq.feet value followed by "Apartment" with an average price of $2.95 / sq.feet.