The rent prices in real estate in Barnstable, in the Massachusetts 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 Barnstable has risen strongly during the last 6 months. In November, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $11. The price for the following two months in (January, February) had a considerable fall of 56 with regard to the previous two months. The price per sq.feet has had a considerable fall of 48 % 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 $4.3 to $2.05 during March, and April.
When referring to the price in Barnstable (cities), this has risen considerably in the last 6 months. The rent price in November is $1,967, rising in December till $2,183. During the following two months (January, February) the average price had a considerable rise of 283 % 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 $3,972.75 to $2,083, which means a 52 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $2,633 they are 38 % more affordable than the average price for Barnstable . The properties with the highest average price have 3 bedrooms, Their price is 11 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,712.
The graph displaying the average rent prices displays the property type "" as the most expensive one. At an cost of $2,633 it is 6 % more expensive than the average price in Barnstable. "Land" is seen as the second most expensive property type. The most expensive property type is "Condo" followed by "Land". At a price of $5,874 it is 124 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "Land" at an average price of $13 / sq.feet followed by "Condo" priced at $18 / sq.feet. "Condo" is the most expensive type of property with a $18 / sq.feet value followed by "Land" with an average price of $13 / sq.feet.