The rent prices in real estate in Squamish, 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 Squamish has had a strong fall during the last 6 months. In October, the average price per sq.feet was $4.61. In November this price barely changed remaining at $4.42 per sq.feet. The price for the following two months in (December, January) had a considerable fall of 59 with regard to the previous two months. The price per sq.feet has had a considerable fall of 23 % 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 $3.58 to $0.82 during February, and March.
When referring to the price in Squamish (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $2,523. In November This price remains at $2,604. During the following two months (December, January) the average price had a considerable fall of 69 % 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 $2,159.75 to $612, which means a 28 % 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 $100 they are 2012 % more expensive than the average price for Squamish. Following this ranking we find those properties with 2 at an average price of $2,637. Based on the bedrooms values, properties with the most expensive rent prices are those with 3 bedrooms. They are 3212 % more expensive than the average aforementioned.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $4 / sq.feet, with an average $0.06 / sq.feet price in Squamish. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 11567 % more expensive than the average value aforementioned.