Property prices for rent in Port Moody (British Columbia)
The rent prices in real estate in Port Moody, 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 Moody has had a strong fall during the last 6 months. In October, the average price per sq.feet was $2.4. In the following month the price per sq.feet rose to $2.74. In the following two months the price per sq.feet has practically remained the same, going from $2.57 to $2.52 per sq.feet. The price per sq.feet has had a considerable fall of 12 % 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 $2.55 to $0.31 during February, and March.
When referring to the price in Port Moody (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during October, is $1,435. During November the price went through a considerable rise reaching $1,792. In the following two months the average price has hardly changed with regard to the previous two months from $1,613.5 to $1,572. During the last two months the average price has fallen greatly compared to the previous four going from $1,592.75 to $302, which means a 19 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most expensive ones. At a price of $255 they are 238 % more expensive than the average price for Port Moody. Following this ranking we find those properties with 1 at an average price of $1,463. The properties with the highest average price have 4 bedrooms, Their price is 1694 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,369.
With regard to the average prices per sq.feet those properties with 1 bedroom are 285 % more expensive than the average price of ($1 / sq.feet) in Port Moody. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 285 % more expensive than the average value aforementioned.
According to average price per property type in Port Moody, "" priced at $2,830 is 1010 % more expensive than the average price ($255) in this city.
