The rent prices in real estate in Slave Lake, in the Alberta 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 Slave Lake has fallen during the last 6 months. In October, the average price per sq.feet was $2.25. In November this price barely changed remaining at $2.23 per sq.feet. The price for the following two months in (December, January) fell 89 % with regard to the previous two months. The price per sq.feet has fallen 87 % 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 $2.12 to $1.84 during February, and March.
When referring to the price in Slave Lake (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,161. In November This price remains at $1,172. In the following two months the average price has hardly changed with regard to the previous two months from $1,166.5 to $1,168. Based on an analysis of the first four prices and the last two months the average price has increased 108 % during the last two months.
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 $1,179 they are 20 % more affordable than the average price for Slave Lake . The properties with the highest average price have 4 bedrooms, Their price is 26 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,286.
According to average price per property type in Slave Lake, "" priced at $1,486 is 26 % more expensive than the average price ($1,179) in this city.