Property prices for rent in Thornhill (Ontario)
The rent prices in real estate in Thornhill, in the Ontario region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Thornhill has fallen during the last 6 months. In October, the average price per sq.feet was $4.23. In the following month the price per sq.feet rose considerably to $5.55. The price for the following two months in (December, January) had a considerable fall of 72 with regard to the previous two months. The price per sq.feet has had a considerable fall of 70 % 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 $4.21 to $2.96 during February, and March.
When referring to the price in Thornhill (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $1,761. During November the price went through a considerable rise reaching $2,514. During the following two months (December, January) the average price had a considerable rise of 120 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $2,350 and $2,332 between February and March.
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 $2,365 they are 17 % more affordable than the average price for Thornhill . Based on the bedrooms values, properties with the most expensive rent prices are those with 3 bedrooms. They are 58 % more expensive than the average aforementioned.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2.31 / sq.feet, with an average $2.59 / sq.feet price in Thornhill. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 17 % more expensive than the average value aforementioned.
