The rent prices in real estate in Quinte West, 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 Quinte West has fallen during the last 6 months. In September, the average price per sq.feet was $1.8. In the following month the price per sq.feet rose to $1.94. The price for the following two months in (November, December) had a considerable fall of 50 with regard to the previous two months. The price per sq.feet has had a considerable rise of 158 % 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 $1.4 to $2.22 during January, and February.
When referring to the price in Quinte West (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during September, is $2,297. During October the price went through a considerable rise reaching $2,712. In the following two months the average price has hardly changed with regard to the previous two months from $2,504.5 to $2,526. During the last two months the average price has fallen greatly compared to the previous four going from $2,515.25 to $2,133.5, which means a 85 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $2,350 they are 37 % more affordable than the average price for Quinte West . The properties with the lowest average price have 1 bedroom, Their price is 37 % more affordable than the average. After that we have properties with 4 bedrooms priced at $1,481.
According to average price per property type in Quinte West, "" priced at $1,481 is 37 % lower than the average price ($2,350) in this city.