The rent prices in real estate in White Rock, 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 White Rock has risen strongly during the last 6 months. In October, the average price per sq.feet was $2.96. In the following month the price per sq.feet fell to $2.8. The price for the following two months in (December, January) had a considerable fall of 70 with regard to the previous two months. The price per sq.feet has had a considerable rise of 623 % 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 $2.45 to $15.23 during February, and March.
When referring to the price in White Rock (cities), this has risen in the last 6 months. The rent price in October is $1,482, rising in November till $1,595. In the following two months the average price has hardly changed with regard to the previous two months from $1,538.5 to $1,462.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 126 % 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 $1,718 they are 14 % more affordable than the average price for White Rock . The properties with the highest average price have 4 bedrooms, Their price is 137 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,125.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $12.01 / sq.feet, with an average $14.17 / sq.feet price in White Rock. The properties with the most expensive average prices have 4 bedrooms. They are 41 % more expensive than the average followed by properties with 1 bedroom with a price at $17.57 / sq.feet.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $1,718 it is 45 % more affordable than the average price in White Rock. "" is seen as the second most affordable property type. The most expensive property type is "House" followed by "". At a price of $2,216 it is 35 % 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 $9.66 / sq.feet followed by "House" priced at $16.27 / sq.feet. "House" is the most expensive type of property with a $16.27 / sq.feet value followed by "Condo" with an average price of $9.66 / sq.feet.