The rent prices in real estate in Berwick, in the Maine 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 Berwick has had a strong fall during the last 6 months. In March, the average price per sq.feet was $3.22. In the following month the price per sq.feet fell considerably to $2. The price for the following two months in (May, June) had a considerable fall of 77 with regard to the previous two months. The price per sq.feet has risen 108 % 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 $2.3 to $2.5 during July, and August.
When referring to the price in Berwick (cities), there have hardly been any changes in the last 6 months. The average price for March is $2,061. During April the price had a slight fall till $1,919. In the following two months the average price has hardly changed with regard to the previous two months from $1,990 to $2,000. Based on an analysis of the first four prices and the last two months the average price has increased 108 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $2,105 they are 44 % more affordable than the average price for Berwick . The properties with the highest average price have 2 bedrooms, Their price is 3 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,890.
According to average price per property type in Berwick, "" priced at $1,178 is 44 % lower than the average price ($2,105) in this city.