The rent prices in real estate in Westbank, in the British Columbia region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Westbank has risen strongly during the last 6 months. In February, the average price per sq.feet was $1. In the following month the price per sq.feet fell considerably to . The price for the following two months in (April, May) had a considerable rise of 200 %. The price per sq.feet has had a considerable rise of 267 % 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 $0.75 to $2 during June, and July.
When referring to the price in Westbank (cities), there have hardly been any changes in the last 6 months. The average price for February is $1,824. During March the price had a slight fall till $1,700. During the following two months (April, May) the price has had an average rise from $1,762 to $1,871. Based on an analysis of the first four prices and the last two months the average price has increased 111 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $2,014 they are 28 % more affordable than the average price for Westbank . The properties with the lowest average price have 1 bedroom, Their price is 28 % more affordable than the average. After that we have properties with 3 bedrooms priced at $1,446.
According to average price per property type in Westbank, "" priced at $1,446 is 28 % lower than the average price ($2,014) in this city.