Property prices for rent in Port Alberni (British Columbia)
The rent prices in real estate in Port Alberni, in the British Columbia 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 Port Alberni has had a strong fall during the last 6 months. In October, the average price per sq.feet was $2.91. In November this price barely changed remaining at $2.84 per sq.feet. The price for the following two months in (December, January) had a considerable fall of 47 with regard to the previous two months. The price per sq.feet has had a considerable fall of 39 % 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 $2.11 to $0.83 during February, and March.
When referring to the price in Port Alberni (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $1,788. In November This price remains at $1,784. During the following two months (December, January) the average price had a considerable fall of 66 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $1,480 to $1,007.5, which means a 68 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most expensive ones. At a price of $1,336 they are 3 % more expensive than the average price for Port Alberni. Following this ranking we find those properties with 1 at an average price of $1,452. The properties with the highest average price have 3 bedrooms, Their price is 63 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,710.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $2 / sq.feet, with an average $1.05 / sq.feet price in Port Alberni. The properties with the most expensive average prices have 4 bedrooms. They are 92376 % more expensive than the average followed by properties with 1 bedroom with a price at $5 / sq.feet.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $1,336 it is 1 % more affordable than the average price in Port Alberni. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Condo". At a price of $1,358 it is 2 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Land" at an average price of $946 / sq.feet followed by "Condo" priced at $961 / sq.feet. "House" is the most expensive type of property with a $966 / sq.feet value followed by "Condo" with an average price of $961 / sq.feet.
