The rent prices in real estate in Comox, in the British Columbia 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 Comox has had a strong fall during the last 6 months. In October, the average price per sq.feet was $4.87. In the following month the price per sq.feet fell to $4.43. The price for the following two months in (December, January) had a considerable fall of 67 with regard to the previous two months. The price per sq.feet has had a considerable fall of 41 % 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 $3.88 to $1.61 during February, and March.
When referring to the price in Comox (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $1,971. In November This price remains at $2,030. During the following two months (December, January) the average price fell 90 % 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 $1,905.25 to $1,286, which means a 67 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 46 % more expensive than the average price of $1,775 in Comox. Based on the bedrooms values, properties with the most expensive rent prices are those with 2 bedrooms. They are 78 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 43 % more expensive than the average price of ($2 / sq.feet) in Comox. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 186 % more expensive than the average value aforementioned.