The rent prices in real estate in London, in the Ontario region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in London has fallen during the last 6 months. In October, the average price per sq.feet was $2.48. In the following month the price per sq.feet fell considerably to $2.04. In the following two months the price per sq.feet has practically remained the same, going from $2.26 to $2.24 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $2.25 to $2.32 during February y March
When referring to the price in London (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $2,055. In November This price remains at $2,156. During the following two months (December, January) the average price fell 86 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 86 %, going from $1,962 to $1,684 in February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $1,675 they are 1 % more expensive than the average price for London. Following this ranking we find those properties with 2 at an average price of $2,041. The properties with the highest average price have 4 bedrooms, Their price is 67 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,471.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.5 / sq.feet, with an average $2.18 / sq.feet price in London. The properties with the most expensive average prices have 1 bedroom. They are 53 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.4 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most expensive one. At an cost of $1,675 it is 8 % more expensive than the average price in London. "Condo" is seen as the second most expensive property type. The most expensive property type is "Land" followed by "". At a price of $2,239 it is 44 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Land" at an average price of $1 / sq.feet followed by "Condo" priced at $2.03 / sq.feet. "House" is the most expensive type of property with a $2.47 / sq.feet value followed by "Condo" with an average price of $2.03 / sq.feet.