The rent prices in real estate in Stony Plain, in the Alberta 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 Stony Plain has had a strong fall during the last 6 months. In December, the average price per sq.feet was $1.15. In the following month the price per sq.feet fell to $1.06. The price for the following two months in (February, March) had a considerable fall of 54 with regard to the previous two months. The price per sq.feet has had a considerable rise of 131 % 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 $0.85 to $1.12 during April, and May.
When referring to the price in Stony Plain (cities), this has fallen considerably in the last 6 months. In our first sample month during December, the average price is $1,358. In January This price remains at $1,324. During the following two months (February, March) the average price had a considerable fall of 48 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 129 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 12 % more expensive than the average price of $1,283 in Stony Plain. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 12 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 17 % more affordable than the average price of ($1 / sq.feet) in Stony Plain. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 17 % more affordable than the average value aforementioned.
The graph displaying the average rent prices displays the property type "House" as the most expensive one. At an cost of $1,144 it is 12 % more expensive than the average price in Stony Plain. "" is seen as the second most expensive property type. The most expensive property type is "" followed by "House". At a price of $1,283 it is 15 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $1 / sq.feet. "House" with an average price of $1 / sq.feet has the most affordable price and would be directed at less affluent cities.