The rent prices in real estate in Orillia, in the Ontario 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 Orillia has fallen during the last 6 months. In September, the average price per sq.feet was $3.33. In the following month the price per sq.feet rose considerably to $3.91. In the following two months the price per sq.feet has practically remained the same, going from $3.62 to $3.57 per sq.feet. The price per sq.feet has had a considerable fall of 63 % 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 $3.59 to $2.26 during January, and February.
When referring to the price in Orillia (cities), this has risen in the last 6 months. In our first sample month during September, the average price is $1,821. In October This price remains at $1,832. In the following two months the average price has hardly changed with regard to the previous two months from $1,826.5 to $1,898. Based on an analysis of the first four prices and the last two months the average price has increased 115 % during the last two months.
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 $2,107 they are 22 % more affordable than the average price for Orillia . The properties with the highest average price have 3 bedrooms, Their price is 18 % more expensive than the average. After that we have properties with 4 bedrooms priced at $2,425.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.02 / sq.feet, with an average $2 / sq.feet price in Orillia. The properties with the most expensive average prices have 1 bedroom. They are 89 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.33 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,107 it is 10 % more affordable than the average price in Orillia. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $1,954 it is 9 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.21 / sq.feet followed by "Apartment" priced at $2.7 / sq.feet. "Apartment" is the most expensive type of property with a $2.7 / sq.feet value followed by "House" with an average price of $1.21 / sq.feet.