The rent prices in real estate in Windsor, in the Ontario region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Windsor has fallen during the last 6 months. In October, the average price per sq.feet was $2.63. In November this price barely changed remaining at $2.62 per sq.feet. The price for the following two months in (December, January) fell 94 % with regard to the previous two months. The price per sq.feet has fallen 86 % 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 $2.54 to $2.17 during February, and March.
When referring to the price in Windsor (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,623. In November This price remains at $1,575. In the following two months the average price has hardly changed with regard to the previous two months from $1,599 to $1,555. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,577 and $1,633 between February and March.
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 $1,658 they are 13 % more affordable than the average price for Windsor . The properties with the highest average price have 4 bedrooms, Their price is 58 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,123.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.98 / sq.feet, with an average $2.09 / sq.feet price in Windsor. The properties with the most expensive average prices have 1 bedroom. They are 41 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.18 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most expensive one. At an cost of $1,658 it is 1 % more expensive than the average price in Windsor. "" is seen as the second most expensive property type. The most expensive property type is "Condo" followed by "". At a price of $1,932 it is 33 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $2.21 / sq.feet followed by "Condo" priced at $2.52 / sq.feet. "Condo" is the most expensive type of property with a $2.52 / sq.feet value followed by "House" with an average price of $2.21 / sq.feet.