The rent prices in real estate in Granby, in the Quebec 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 Granby has had a strong fall during the last 6 months. In June, the average price per sq.feet was $70.06. In July this price barely changed remaining at $69.43 per sq.feet. The price for the following two months in (August, September) had a considerable fall of 34 with regard to the previous two months. The price per sq.feet has had a considerable fall of 15 % 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 $46.77 to $7.1 during October, and November.
When referring to the price in Granby (cities), this has risen considerably in the last 6 months. The rent price in June is $990, rising in July till $1,073. During the following two months (August, September) the average price had a considerable rise of 127 % 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 175 % 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 $2,133 they are 63 % more affordable than the average price for Granby . The properties with the lowest average price have 2 bedrooms, Their price is 41 % more affordable than the average. After that we have properties with 1 bedroom priced at $795.
With regard to the average prices per sq.feet those properties with 1 bedroom are 4280 % more expensive than the average price of ($60 / sq.feet) in Granby. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 4280 % more expensive than the average value aforementioned.
According to average price per property type in Granby, "" priced at $1,248 is 41 % lower than the average price ($2,133) in this city.