The rent prices in real estate in Hopedale, 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 Hopedale has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.84. In the following month the price per sq.feet fell to $1.67. The price for the following two months in (January, February) had a considerable fall of 28 with regard to the previous two months. The price per sq.feet has fallen 89 % 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 $1.13 to $1 during March, and April.
When referring to the price in Hopedale (cities), this has fallen considerably in the last 6 months. The average price for November is $2,800. During December the price had a slight fall till $2,600. During the following two months (January, February) the average price had a considerable fall of 74 % 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 112 % during the last two months.
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 $2,854 they are 44 % more affordable than the average price for Hopedale . The properties with the lowest average price have 2 bedrooms, Their price is 44 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,586.
According to average price per property type in Hopedale, "" priced at $1,601 is 44 % lower than the average price ($2,854) in this city.