The rent prices in real estate in St. Catharines, 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 St. Catharines has fallen during the last 6 months. In September, the average price per sq.feet was $3.06. In October this price barely changed remaining at $3.1 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $3.08 to $2.95 per sq.feet. The price per sq.feet has had a considerable fall of 79 % 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 $3.02 to $2.39 during January, and February.
When referring to the price in St. Catharines (cities), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $1,752. In October This price remains at $1,792. In the following two months the average price has hardly changed with regard to the previous two months from $1,772 to $1,838.5. 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 $1,805.25 and $1,806.5 between January and February.
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 $1,894 they are 13 % more affordable than the average price for St. Catharines . The properties with the highest average price have 4 bedrooms, Their price is 43 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,345.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.16 / sq.feet, with an average $2.4 / sq.feet price in St. Catharines. The properties with the most expensive average prices have 1 bedroom. They are 33 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.68 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,894 it is 4 % more affordable than the average price in St. Catharines. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "". At a price of $2,183 it is 24 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $2.22 / sq.feet followed by "House" priced at $2.7 / sq.feet. "House" is the most expensive type of property with a $2.7 / sq.feet value followed by "Condo" with an average price of $2.22 / sq.feet.