The rent prices in real estate in Vernon, in the British Columbia region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Vernon has barely changed in the last 6 months. In March, the average price per sq.feet was $2.88. In the following month the price per sq.feet fell considerably to $2.38. The price for the following two months in (May, June) had a considerable rise of 120 %. 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 $2.89 to $2.96 during July y August
When referring to the price in Vernon (cities), there have hardly been any changes in the last 6 months. The rent price in March is $1,638, rising in April till $1,738. During the following two months (May, June) the average price fell 91 % 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 increased 114 % 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 $1,977 they are 17 % more affordable than the average price for Vernon . The properties with the highest average price have 3 bedrooms, Their price is 39 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,155.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $2.23 / sq.feet, with an average $3.52 / sq.feet price in Vernon. The properties with the most expensive average prices have 4 bedrooms. They are 32826 % more expensive than the average followed by properties with 1 bedroom with a price at $5.05 / sq.feet.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $1,977 it is 17 % more affordable than the average price in Vernon. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Land". At a price of $1,649 it is 16 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Land" at an average price of $1,149 / sq.feet followed by "House" priced at $1,159 / sq.feet. "House" is the most expensive type of property with a $1,159 / sq.feet value followed by "Land" with an average price of $1,149 / sq.feet.