The rent prices in real estate in Lloydminster, in the Alberta 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 Lloydminster has had a strong fall during the last 6 months. In August, the average price per sq.feet was $603.23. In the following month the price per sq.feet fell considerably to $97.03. The price for the following two months in (October, November) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable fall of 1 % 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 $175.6 to $1.08 during December, and January.
When referring to the price in Lloydminster (cities), this has fallen considerably in the last 6 months. The average price for August is $1,126. During September the price had a considerable fall till $942. During the following two months (October, November) the average price fell 86 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from $959.25 to $854.5 in December and January.
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 $839 they are 5 % more affordable than the average price for Lloydminster . The properties with the highest average price have 3 bedrooms, Their price is 32 % more expensive than the average. After that we have properties with 2 bedrooms priced at $859.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.08 / sq.feet, with an average $1.09 / sq.feet price in Lloydminster. The properties with the most expensive average prices have 3 bedrooms. They are 52744 % more expensive than the average followed by properties with 1 bedroom with a price at $1.3 / sq.feet.
With regard to the average price based upon the property in Lloydminster we can see that the least affordable property type is "House" at a price of $1,108, they are 32 % more expensive than the average price of (!PRECIO2!). "House" has the most expensive price. This price is 32 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $576 / sq.feet. "House" at an average price of $576 / sq.feet has the highest price and would be directed at more affluent cities.