The rent prices in real estate in Saint-jean-sur-richelieu, in the Quebec 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 Saint-jean-sur-richelieu has had a strong fall during the last 6 months. In March, the average price per sq.feet was $1.87. In April this price barely changed remaining at $1.8 per sq.feet. The price for the following two months in (May, June) had a considerable fall of 66 with regard to the previous two months. The price per sq.feet has had a considerable fall of 66 % 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 $1.53 to $1 during July, and August.
When referring to the price in Saint-jean-sur-richelieu (cities), this has risen considerably in the last 6 months. The average price during our first sample month during March, is $1,467. During April the price went through a considerable rise reaching $1,725. During the following two months (May, June) the average price had a considerable rise of 124 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,788.5 and $1,778 between July and August.
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 $1,426 they are 67 % more affordable than the average price for Saint-jean-sur-richelieu . The properties with the lowest average price have 4 bedrooms, Their price is 26 % more affordable than the average. After that we have properties with 3 bedrooms priced at $967.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most expensive ones at a cost of $123 / sq.feet, with an average $1 / sq.feet price in Saint-jean-sur-richelieu. The properties with the most expensive average prices have 3 bedrooms. They are 62600 % more expensive than the average followed by properties with 4 bedrooms with a price at $451 / sq.feet.
The graph displaying the average rent prices displays the property type "Mobile Home" as the most affordable one. At an cost of $1,426 it is 36 % more affordable than the average price in Saint-jean-sur-richelieu. "Bungalow" is seen as the second most affordable property type. The most affordable property is "House" followed by "Bungalow". At a price of $1,047 it is 26 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Mobile Home" at an average price of $437 / sq.feet followed by "Bungalow" priced at $446 / sq.feet. "House" is the most expensive type of property with a $451 / sq.feet value followed by "Bungalow" with an average price of $446 / sq.feet.