The rent prices in real estate in Hyannis, 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 Hyannis has had a strong fall during the last 6 months. In August, the average price per sq.feet was $13. In the following month the price per sq.feet fell considerably to $2.01. The price for the following two months in (October, November) had a considerable fall of 32 with regard to the previous two months. The price per sq.feet has had a considerable fall of 52 % 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 $4.95 to $2.6 during December, and January.
When referring to the price in Hyannis (cities), there have hardly been any changes in the last 6 months. The average price for August is $2,099. During September the price had a considerable fall till $1,563. In the following two months the average price has hardly changed with regard to the previous two months from $1,831 to $1,799. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 146 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $3,044 they are 61 % more affordable than the average price for Hyannis . The properties with the lowest average price have 2 bedrooms, Their price is 3 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,813.
With regard to the average prices per sq.feet those properties with 1 bedroom are 67 % more affordable than the average price of ($1 / sq.feet) in Hyannis. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 67 % more affordable than the average value aforementioned.
According to average price per property type in Hyannis, "" priced at $1,189 is 61 % lower than the average price ($3,044) in this city.