The rent prices in real estate in Langley, in the Washington 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 Langley has had a strong fall during the last 6 months. In October, the average price per sq.feet was $2. In November this price barely changed remaining at $2 per sq.feet. The price for the following two months in (December, January) fell 87 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 80 % 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 $1.87 to $1.5 during February, and March.
When referring to the price in Langley (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $3,829. In November This price remains at $3,963. During the following two months (December, January) the average price had a considerable fall of 77 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $3,442.75 to $2,207.5, which means a 64 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $2,669 they are 29 % more affordable than the average price for Langley . The properties with the highest average price have 2 bedrooms, Their price is 5 % more expensive than the average. After that we have properties with 1 bedroom priced at $2,544.
With regard to the average prices per sq.feet those properties with 1 bedroom are 0 % more affordable than the average price of ($2 / sq.feet) in Langley. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 0 % more affordable than the average value aforementioned.
According to average price per property type in Langley, "" priced at $1,887 is 29 % lower than the average price ($2,669) in this city.