The rent prices in real estate in York River, in the Ontario region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in York River has had a strong fall during the last 6 months. In October, the average price per sq.feet was $5. In November this price barely changed remaining at $4.87 per sq.feet. The price for the following two months in (December, January) fell 89 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 52 % 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 $4.65 to $2.42 during February, and March.
When referring to the price in York River (cities), this has risen in the last 6 months. The rent price in October is $2,207, rising in November till $2,320. During the following two months (December, January) the price has had an average rise from $2,263.5 to $2,435.5. Based on an analysis of the first four prices and the last two months the average price has increased 110 % 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 $2,784 they are 17 % more affordable than the average price for York River . The properties with the highest average price have 4 bedrooms, Their price is 33 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,502.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.1 / sq.feet, with an average $0.58 / sq.feet price in York River. The properties with the most expensive average prices have 1 bedroom. They are 34 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.3 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,784 it is 10 % more affordable than the average price in York River. "" is seen as the second most affordable property type. The most expensive property type is "Apartment" followed by "". At a price of $2,519 it is 3 % 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 $0.39 / sq.feet followed by "House" priced at $4 / sq.feet. "House" is the most expensive type of property with a $4 / sq.feet value followed by "Apartment" with an average price of $0.39 / sq.feet.