The rent prices in real estate in Joliette, in the Quebec region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Joliette has risen strongly during the last 6 months. In August, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to . The price for the following two months in (October, November) had a considerable rise of 0 %. The price per sq.feet has had a considerable rise of 2147483647 % 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 to $1.28 during December, and January.
When referring to the price in Joliette (cities), this has risen considerably in the last 6 months. In our first sample month during August, the average price is $1,050. In September This price remains at $1,050. In the following two months the average price has hardly changed with regard to the previous two months from $1,050 to $1,095. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 140 % 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 $1,529 they are 65 % more affordable than the average price for Joliette . The properties with the lowest average price have 4 bedrooms, Their price is 19 % more affordable than the average. After that we have properties with 3 bedrooms priced at $885.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $97 / sq.feet, with an average $1.3 / sq.feet price in Joliette. The properties with the most expensive average prices have 4 bedrooms. They are 60054 % more expensive than the average followed by properties with 3 bedrooms with a price at $577 / sq.feet.
The graph displaying the average rent prices displays the property type "Office" as the most affordable one. At an cost of $1,529 it is 32 % more affordable than the average price in Joliette. "Triplex" is seen as the second most affordable property type. The most affordable property is "House" followed by "Apartment". At a price of $1,224 it is 19 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Triplex" at an average price of $501 / sq.feet followed by "Office" priced at $522 / sq.feet. "House" is the most expensive type of property with a $782 / sq.feet value followed by "Apartment" with an average price of $777 / sq.feet.