The rent prices in real estate in Great Barrington, 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 Great Barrington has had a strong fall during the last 6 months. In June, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $1.56. The price for the following two months in (August, September) had a considerable fall of 39 with regard to the previous two months. The price per sq.feet has had a considerable fall of 78 % 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 $0.89 to $0.69 during October, and November.
When referring to the price in Great Barrington (cities), this has risen considerably in the last 6 months. The average price during our first sample month during June, is $1,631. During July the price went through a considerable rise reaching $2,517. During the following two months (August, September) the average price had a considerable rise of 127 % 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 increased 105 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most expensive ones. At a price of $1,913 they are 62 % more expensive than the average price for Great Barrington. Following this ranking we find those properties with 2 at an average price of $3,112. The properties with the highest average price have 1 bedroom, Their price is 63 % more expensive than the average. After that we have properties with 2 bedrooms priced at $3,112.
According to average price per property type in Great Barrington, "" priced at $3,076 is 61 % more expensive than the average price ($1,913) in this city.