The rent prices in real estate in Mission, in the British Columbia 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 Mission has risen strongly during the last 6 months. In October, the average price per sq.feet was $2.27. In the following month the price per sq.feet rose considerably to $2.63. In the following two months the price per sq.feet has practically remained the same, going from $2.45 to $2.56 per sq.feet. The price per sq.feet has risen 108 % 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 $2.5 to $2.7 during February, and March.
When referring to the price in Mission (cities), this has fallen considerably in the last 6 months. The average price for October is $2,444. During November the price had a slight fall till $2,239. During the following two months (December, January) the average price had a considerable fall of 78 % 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 90 %, going from $2,088.75 to $1,876 in February and March.
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 $1,877 they are 24 % more affordable than the average price for Mission . The properties with the highest average price have 3 bedrooms, Their price is 41 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,200.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $2.72 / sq.feet, with an average $2.71 / sq.feet price in Mission. The properties with the most expensive average prices have 3 bedrooms. They are 132 % more expensive than the average followed by properties with 1 bedroom with a price at $2.89 / sq.feet.
According to average price per property type in Mission, "" priced at $1,403 is 25 % lower than the average price ($1,877) in this city.