The rent prices in real estate in Napanee, 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 Napanee has had a strong fall during the last 6 months. In November, the average price per sq.feet was $2.88. In December this price barely changed remaining at $2.98 per sq.feet. The price for the following two months in (January, February) had a considerable fall of 68 with regard to the previous two months. The price per sq.feet has had a considerable fall of 81 % 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 $2.47 to $2 during March, and April.
When referring to the price in Napanee (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $2,311. In December This price remains at $2,242. In the following two months the average price has hardly changed with regard to the previous two months from $2,276.5 to $2,228. 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 $2,252.25 and $2,358 between March and April.