The rent prices in real estate in Lindsay, 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 Lindsay has had a strong fall during the last 6 months. In November, the average price per sq.feet was $3.56. In December this price barely changed remaining at $3.48 per sq.feet. The price for the following two months in (January, February) had a considerable fall of 84 with regard to the previous two months. The price per sq.feet has had a considerable fall of 76 % 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 $3.24 to $2.47 during March, and April.
When referring to the price in Lindsay (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $2,035. In December This price remains at $2,048. In the following two months the average price has hardly changed with regard to the previous two months from $2,041.5 to $2,112. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $2,076.75 and $2,159.5 between March and April.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $2,100 they are 52 % more affordable than the average price for Lindsay . The properties with the highest average price have 3 bedrooms, Their price is 12 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,217.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most expensive ones at a cost of $2.98 / sq.feet, with an average $2.77 / sq.feet price in Lindsay. The properties with the most expensive average prices have 2 bedrooms. They are 12 % more expensive than the average followed by properties with 1 bedroom with a price at $2.98 / sq.feet.
According to average price per property type in Lindsay, "" priced at $1,007 is 52 % lower than the average price ($2,100) in this city.