The rent prices in real estate in Gravenhurst, 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 Gravenhurst has had a strong fall during the last 6 months. In October, the average price per sq.feet was $4.46. In the following month the price per sq.feet fell considerably to $3.04. The price for the following two months in (December, January) had a considerable fall of 72 with regard to the previous two months. The price per sq.feet has had a considerable rise of 160 % 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 $3.23 to $5.18 during February, and March.
When referring to the price in Gravenhurst (cities), there have hardly been any changes in the last 6 months. The average price for October is $2,464. During November the price had a considerable fall till $1,790. During the following two months (December, January) the average price had a considerable rise of 128 % 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 increased 111 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 51 % more affordable than the average price of $1,417 in Gravenhurst. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 51 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 74 % more affordable than the average price of ($2 / sq.feet) in Gravenhurst. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 74 % more affordable than the average value aforementioned.