Property prices for rent in Strathmore (Alberta)

The price per sq.feet in Strathmore has had a strong fall during the last 6 months. In October, the average price per sq.feet was $2.63. In the following month the price per sq.feet fell to $2.4. The price for the following two months in (December, January) had a considerable fall of 83 with regard to the previous two months. The price per sq.feet has had a considerable fall of 68 % 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 $2.3 to $1.55 during February, and March.

When referring to the price in Strathmore (cities), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $1,128. In November This price remains at $1,179. During the following two months (December, January) the average price had a considerable rise of 134 % 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 136 % during the last two months.

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 $1,689 they are 43 % more affordable than the average price for Strathmore . The properties with the highest average price have 3 bedrooms, Their price is 66 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,220.

With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1 / sq.feet, with an average $1.44 / sq.feet price in Strathmore. The properties with the most expensive average prices have 3 bedrooms. They are 8581 % more expensive than the average followed by properties with 1 bedroom with a price at $1 / sq.feet.

The graph displaying the average rent prices displays the property type "Condo" as the most expensive one. At an cost of $1,689 it is 65 % more expensive than the average price in Strathmore. "Apartment" is seen as the second most expensive property type. The most expensive property type is "House" followed by "Apartment". At a price of $2,801 it is 66 % more expensive than the average price.

According to the average cost per sq.feet, the least affordable property would be "Condo" at an average price of $119 / sq.feet followed by "Apartment" priced at $124 / sq.feet. "House" is the most expensive type of property with a $125 / sq.feet value followed by "Apartment" with an average price of $124 / sq.feet.