The rent prices in real estate in Eastham, 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 Eastham has had a strong fall during the last 6 months. In November, the average price per sq.feet was $2.32. In the following month the price per sq.feet fell considerably to $1.68. The price for the following two months in (January, February) had a considerable fall of 25 with regard to the previous two months. The price per sq.feet has had a considerable fall of 40 % 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 $1.25 to $0.5 during March, and April.
When referring to the price in Eastham (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $2,520. In December This price remains at $2,600. During the following two months (January, February) the average price had a considerable fall of 66 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 142 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 46 % more affordable than the average price of $1,642 in Eastham. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 46 % more affordable than the average aforementioned.