The rent prices in real estate in Woodbridge, 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 Woodbridge has fallen during the last 6 months. In October, the average price per sq.feet was $3.2. In the following month the price per sq.feet rose considerably to $4.04. The price for the following two months in (December, January) had a considerable fall of 83 with regard to the previous two months. The price per sq.feet has had a considerable fall of 74 % 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 $3.31 to $2.45 during February, and March.
When referring to the price in Woodbridge (cities), this has risen in the last 6 months. In our first sample month during October, the average price is $2,797. In November This price remains at $2,832. During the following two months (December, January) the price has had an average rise from $2,814.5 to $3,043.5. Based on an analysis of the first four prices and the last two months the average price has increased 107 % 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 $3,076 they are 31 % more affordable than the average price for Woodbridge . The properties with the highest average price have 4 bedrooms, Their price is 37 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,292.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most expensive ones at a cost of $2.02 / sq.feet, with an average $1.99 / sq.feet price in Woodbridge. The properties with the most expensive average prices have 2 bedrooms. They are 227 % more expensive than the average followed by properties with 4 bedrooms with a price at $3.78 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $3,076 it is 11 % more affordable than the average price in Woodbridge. "Apartment" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Apartment". At a price of $3,080 it is 16 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $1.34 / sq.feet followed by "House" priced at $2.76 / sq.feet. "Condo" is the most expensive type of property with a $3.11 / sq.feet value followed by "House" with an average price of $2.76 / sq.feet.