Property prices for rent in St. John's (Newfoundland And Labrador)
The rent prices in real estate in St. John's, in the Newfoundland And Labrador 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. John's has fallen during the last 6 months. In April, the average price per sq.feet was $1.47. In May this price barely changed remaining at $1.48 per sq.feet. The price for the following two months in (June, July) fell 95 % with regard to the previous two months. The price per sq.feet has fallen 86 % 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 $1.43 to $1.24 during August, and September.
When referring to the price in St. John's (cities), this has fallen considerably in the last 6 months. The average price for April is $1,635. During May the price had a slight fall till $1,509. During the following two months (June, July) the average price fell 93 % 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 $1,515.5 to $1,161, which means a 77 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most expensive ones. At a price of $859 they are 121 % more expensive than the average price for St. John's. Following this ranking we find those properties with 1 at an average price of $2,164. The properties with the highest average price have 2 bedrooms, Their price is 198 % more expensive than the average. After that we have properties with 4 bedrooms priced at $2,315.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.05 / sq.feet price in St. John's. The properties with the most expensive average prices have 1 bedroom. They are 90 % more expensive than the average followed by properties with 2 bedrooms with a price at $1 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most expensive one. At an cost of $859 it is 47 % more expensive than the average price in St. John's. "Office" is seen as the second most expensive property type. The most expensive property type is "" followed by "House". At a price of $1,378 it is 175 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1 / sq.feet followed by "Office" priced at $941 / sq.feet. "Apartment" is the most expensive type of property with a $998 / sq.feet value followed by "Office" with an average price of $941 / sq.feet.
