The rent prices in real estate in Vancouver, in the Washington 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 Vancouver has risen strongly during the last 6 months. In January, the average price per sq.feet was $1.55. In the following month the price per sq.feet rose considerably to $15.05. The price for the following two months in (March, April) had a considerable fall of 33 with regard to the previous two months. The price per sq.feet has had a considerable fall of 34 % 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 $5.52 to $1.9 during May, and June.
When referring to the price in Vancouver (cities), this has risen in the last 6 months. In our first sample month during January, the average price is $1,616. In February This price remains at $1,696. In the following two months the average price has hardly changed with regard to the previous two months from $1,656 to $1,717.5. 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 $1,767 they are 16 % more affordable than the average price for Vancouver . The properties with the highest average price have 4 bedrooms, Their price is 47 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,224.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.25 / sq.feet, with an average $1.82 / sq.feet price in Vancouver. The properties with the most expensive average prices have 1 bedroom. They are 27 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.98 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,767 it is 16 % more affordable than the average price in Vancouver. "Apartment" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $2,232 it is 51 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.54 / sq.feet followed by "Condo" priced at $1.7 / sq.feet. "Townhouse" is the most expensive type of property with a $42 / sq.feet value followed by "Apartment" with an average price of $1.97 / sq.feet.