The rent prices in real estate in Granby, in the Quebec 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 Granby has had a strong fall during the last 6 months. In October, the average price per sq.feet was $291.65. In the following month the price per sq.feet fell considerably to $3.32. The price for the following two months in (December, January) had a considerable fall of 43 with regard to the previous two months. The price per sq.feet has had a considerable fall of 14 % 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 $105.53 to $14.57 during February, and March.
When referring to the price in Granby (cities), this has risen in the last 6 months. In our first sample month during October, the average price is $1,081. In November This price remains at $1,033. During the following two months (December, January) the price has had an average rise from $1,057 to $1,116. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 131 % 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 $1,485 they are 25 % more affordable than the average price for Granby . The properties with the highest average price have 3 bedrooms, Their price is 41 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,236.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $53 / sq.feet, with an average $5.93 / sq.feet price in Granby. The properties with the most expensive average prices have 1 bedroom. They are 2632 % more expensive than the average followed by properties with 2 bedrooms with a price at $53 / sq.feet.
According to average price per property type in Granby, "" priced at $1,216 is 18 % lower than the average price ($1,485) in this city.