Property prices for rent in West Kelowna (British Columbia)
The rent prices in real estate in West Kelowna, in the British Columbia region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in West Kelowna has risen during the last 6 months. In October, the average price per sq.feet was $3.59. In the following month the price per sq.feet fell to $3.17. The price for the following two months in (December, January) had a considerable fall of 84 with regard to the previous two months. The price per sq.feet has had a considerable rise of 162 % 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 $3.12 to $5.04 during February, and March.
When referring to the price in West Kelowna (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $2,002. In November This price remains at $1,989. In the following two months the average price has hardly changed with regard to the previous two months from $1,995.5 to $1,978.5. Based on an analysis of the first four prices and the last two months the average price has increased 110 % 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 $2,277 they are 31 % more affordable than the average price for West Kelowna . The properties with the highest average price have 4 bedrooms, Their price is 47 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,722.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $2 / sq.feet, with an average $7.14 / sq.feet price in West Kelowna. The properties with the most expensive average prices have 4 bedrooms. They are 82 % more expensive than the average followed by properties with 1 bedroom with a price at $3 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $2,277 it is 10 % more affordable than the average price in West Kelowna. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "Condo". At a price of $2,043 it is 5 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $2 / sq.feet followed by "House" priced at $3 / sq.feet. "House" is the most affordable type of property with a $3 / sq.feet value followed by "Condo" with an average price of $2 / sq.feet.
