The rent prices in real estate in Fall River, 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 Fall River has risen strongly during the last 6 months. In November, the average price per sq.feet was $1.39. In December this price barely changed remaining at $1.44 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.41 to $1.45 per sq.feet. The price per sq.feet has had a considerable rise of 641 % 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 $1.43 to $9.17 during March, and April.
When referring to the price in Fall River (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $1,244. In December This price remains at $1,206. In the following two months the average price has hardly changed with regard to the previous two months from $1,225 to $1,188.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,206.75 and $1,245 between March and April.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,324 they are 14 % more affordable than the average price for Fall River . The properties with the highest average price have 4 bedrooms, Their price is 22 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,488.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.46 / sq.feet, with an average $12.44 / sq.feet price in Fall River. The properties with the most expensive average prices have 1 bedroom. They are 289 % more expensive than the average followed by properties with 2 bedrooms with a price at $15.54 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most expensive one. At an cost of $1,324 it is 2 % more expensive than the average price in Fall River. "Commercial" is seen as the second most expensive property type. The most expensive property type is "Commercial" followed by "". At a price of $1,353 it is 166 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "Commercial with an average cost of $88 / sq.feet. "Commercial" at an average price of $88 / sq.feet has the highest price and would be directed at more affluent cities.