The rent prices in real estate in Tecumseh, in the Ontario 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 Tecumseh has had a strong fall during the last 6 months. In September, the average price per sq.feet was $3.97. In the following month the price per sq.feet fell considerably to $3.31. The price for the following two months in (November, December) fell 90 % with regard to the previous two months. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $3.45 to $3.4 during January y February
When referring to the price in Tecumseh (cities), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $1,989. In October This price remains at $1,971. In the following two months the average price has hardly changed with regard to the previous two months from $1,980 to $1,955. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 95 %, going from $1,967.5 to $1,868 in January and February.
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 $1,869 they are 12 % more affordable than the average price for Tecumseh . The properties with the highest average price have 2 bedrooms, Their price is 6 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,964.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.93 / sq.feet, with an average $3.2 / sq.feet price in Tecumseh. The properties with the most expensive average prices have 1 bedroom. They are 25 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.93 / sq.feet.
According to average price per property type in Tecumseh, "" priced at $1,964 is 5 % more expensive than the average price ($1,869) in this city.