The rent prices in real estate in Hampden, in the Maine 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 Hampden has had a strong fall during the last 6 months. In October, the average price per sq.feet was $2.02. In the following month the price per sq.feet fell considerably to $1.23. The price for the following two months in (December, January) had a considerable fall of 40 with regard to the previous two months. The price per sq.feet has had a considerable fall of 36 % 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 $1.14 to $0.41 during February, and March.
When referring to the price in Hampden (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $1,217. During November the price went through a considerable rise reaching $1,575. During the following two months (December, January) the average price had a considerable rise of 132 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $1,618.25 to $1,515.5 in February and March.