Property prices for rent in Summerside (Prince Edward Island)
The rent prices in real estate in Summerside, in the Prince Edward Island 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 Summerside has had a strong fall during the last 6 months. In November, the average price per sq.feet was $2.94. In the following month the price per sq.feet rose to $3.18. The price for the following two months in (January, February) had a considerable fall of 49 with regard to the previous two months. The price per sq.feet has fallen 88 % 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 $2.28 to $2 during March, and April.
When referring to the price in Summerside (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,093. In December This price remains at $1,041. In the following two months the average price has hardly changed with regard to the previous two months from $1,067 to $1,037. Based on an analysis of the first four prices and the last two months the average price has increased 106 % during the last two months.
