The rent prices in real estate in Port Coquitlam, in the British Columbia 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 Port Coquitlam has fallen during the last 6 months. In October, the average price per sq.feet was $1.98. In the following month the price per sq.feet rose considerably to $2.7. The price for the following two months in (December, January) had a considerable fall of 69 with regard to the previous two months. The price per sq.feet has had a considerable fall of 65 % 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 $1.97 to $1.27 during February, and March.
When referring to the price in Port Coquitlam (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during October, is $1,600. During November the price went through a considerable rise reaching $2,164. During the following two months (December, January) the average price had a considerable fall of 53 % 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 $1,442.5 to $1,093, which means a 76 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $1,228 they are 20 % more expensive than the average price for Port Coquitlam. Following this ranking we find those properties with 2 at an average price of $2,908. The properties with the highest average price have 3 bedrooms, Their price is 177 % more expensive than the average. After that we have properties with 4 bedrooms priced at $3,360.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.32 / sq.feet price in Port Coquitlam. The properties with the most expensive average prices have 1 bedroom. They are 127 % more expensive than the average followed by properties with 2 bedrooms with a price at $1 / sq.feet.
According to average price per property type in Port Coquitlam, "" priced at $1,902 is 55 % more expensive than the average price ($1,228) in this city.