Property prices for rent in Stony Plain (Alberta)
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 October, the average price per sq.feet was $2.52. In November this price barely changed remaining at $2.51 per sq.feet. The price for the following two months in (December, January) had a considerable fall of 71 with regard to the previous two months. The price per sq.feet has had a considerable fall of 39 % 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 $2.15 to $0.83 during February, and March.
When referring to the price in Stony Plain (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $1,173. In November This price remains at $1,195. During the following two months (December, January) the average price fell 92 % 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 $1,134.75 to $712, which means a 63 % 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 $359 they are 203 % more expensive than the average price for Stony Plain. Following this ranking we find those properties with 2 at an average price of $1,205. The properties with the highest average price have 4 bedrooms, Their price is 393 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,439.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $1 / sq.feet, with an average $0.54 / sq.feet price in Stony Plain. The properties with the most expensive average prices have 1 bedroom. They are 270 % more expensive than the average followed by properties with 2 bedrooms with a price at $1 / sq.feet.
According to average price per property type in Stony Plain, "" priced at $1,192 is 232 % more expensive than the average price ($359) in this city.
