The rent prices in real estate in West Vancouver, 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 West Vancouver has barely changed in the last 6 months. In September, the average price per sq.feet was $6.33. In the following month the price per sq.feet fell considerably to $5.31. The price for the following two months in (November, December) fell 86 % with regard to the previous two months. The price per sq.feet has had a considerable rise of 143 % 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 $5.42 to $7.77 during January, and February.
When referring to the price in West Vancouver (cities), this has risen considerably in the last 6 months. The rent price in September is $4,460, rising in October till $4,703. During the following two months (November, December) the price has had an average rise from $4,581.5 to $5,243.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 134 % 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 $6,764 they are 53 % more affordable than the average price for West Vancouver . The properties with the highest average price have 4 bedrooms, Their price is 48 % more expensive than the average. After that we have properties with 3 bedrooms priced at $6,954.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $6.31 / sq.feet, with an average $10.5 / sq.feet price in West Vancouver. The properties with the most expensive average prices have 1 bedroom. They are 61 % more expensive than the average followed by properties with 2 bedrooms with a price at $12.21 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $6,764 it is 22 % more affordable than the average price in West Vancouver. "Condo" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "House". At a price of $5,291 it is 19 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $9.65 / sq.feet followed by "House" priced at $10.13 / sq.feet. "House" is the most affordable type of property with a $10.13 / sq.feet value followed by "Condo" with an average price of $9.65 / sq.feet.