The rent prices in real estate in Kitimat, in the British Columbia 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 Kitimat has fallen during the last 6 months. In September, the average price per sq.feet was $3.45. In the following month the price per sq.feet rose considerably to $3.97. In the following two months the price per sq.feet has risen 110 %, going from $3.71 to $4.07 per sq.feet. The price per sq.feet has had a considerable fall of 39 % 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 $3.89 to $1.5 during January, and February.
When referring to the price in Kitimat (cities), this has risen considerably in the last 6 months. The average price during our first sample month during September, is $2,718. During October the price went through a considerable rise reaching $3,354. During the following two months (November, December) the average price had a considerable rise of 117 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $3,296 to $2,761, which means a 84 % fall.
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 $3,315 they are 76 % more affordable than the average price for Kitimat . The properties with the lowest average price have 3 bedrooms, Their price is 73 % more affordable than the average. After that we have properties with 1 bedroom priced at $808.
According to average price per property type in Kitimat, "" priced at $808 is 76 % lower than the average price ($3,315) in this city.