The rent prices in real estate in Boxborough, in the Massachusetts 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 Boxborough has had a strong fall during the last 6 months. In November, the average price per sq.feet was $2. In December this price barely changed remaining at $2 per sq.feet. The price for the following two months in (January, February) had a considerable fall of 83 with regard to the previous two months. The price per sq.feet has had a considerable fall of 55 % 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 $1.83 to $1 during March, and April.
When referring to the price in Boxborough (cities), this has fallen in the last 6 months. The average price during our first sample month during November, is $1,606. During December the price went through a considerable rise reaching $2,068. In the following two months the average price has hardly changed with regard to the previous two months from $1,837 to $1,793.5. During the last two months the average price has fallen greatly compared to the previous four going from $1,815.25 to $897.5, which means a 49 % fall.