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 December, the average price per sq.feet was $4.24. In January this price barely changed remaining at $4.11 per sq.feet. The price for the following two months in (February, March) had a considerable rise of 157 %. The price per sq.feet has risen 106 % 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 $5.36 to $5.7 during April, and May.
When referring to the price in White Rock (cities), there have hardly been any changes in the last 6 months. In our first sample month during December, the average price is $4,273. In January This price remains at $4,281. In the following two months the average price has hardly changed with regard to the previous two months from $4,277 to $4,337.5. Based on an analysis of the first four prices and the last two months the average price has increased 105 % 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 $4,993 they are 60 % more affordable than the average price for White Rock . The properties with the highest average price have 1 bedroom, Their price is 13 % more expensive than the average. After that we have properties with 2 bedrooms priced at $5,405.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $4.93 / sq.feet, with an average $5.71 / sq.feet price in White Rock. The properties with the most expensive average prices have 1 bedroom. They are 55 % more expensive than the average followed by properties with 2 bedrooms with a price at $4.93 / sq.feet.
According to average price per property type in White Rock, "" priced at $2,325 is 53 % lower than the average price ($4,993) in this city.