The rent prices in real estate in Cotuit, 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 Cotuit has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.55. In the following month the price per sq.feet rose to $1.7. In the following two months the price per sq.feet has practically remained the same, going from $1.62 to $1.61 per sq.feet. The price per sq.feet has had a considerable fall of 31 % 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 $1.62 to $0.5 during February, and March.
When referring to the price in Cotuit (cities), this has fallen considerably in the last 6 months. The average price for October is $6,000. During November the price had a slight fall till $5,200. During the following two months (December, January) the average price had a considerable fall of 78 % 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 $4,983.25 to $3,112, which means a 62 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 48 % more affordable than the average price of $2,075 in Cotuit. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 48 % more affordable than the average aforementioned.
According to average price per property type in Cotuit, "" priced at $2,075 is 48 % lower than the average price ($3,996) in this city.