The rent prices in real estate in Hyannis, in the Massachusetts region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Hyannis has fallen during the last 6 months. In October, the average price per sq.feet was $3.03. In November this price barely changed remaining at $3.15 per sq.feet. The price for the following two months in (December, January) had a considerable fall of 82 with regard to the previous two months. The price per sq.feet has fallen 91 % 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 $2.81 to $2.55 during February, and March.
When referring to the price in Hyannis (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $3,108. In November This price remains at $3,118. In the following two months the average price has hardly changed with regard to the previous two months from $3,113 to $3,100. During the last two months the average price has fallen greatly compared to the previous four going from $3,106.5 to $2,163, which means a 70 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $1,753 they are 33 % more affordable than the average price for Hyannis . The properties with the highest average price have 2 bedrooms, Their price is 43 % more expensive than the average. After that we have properties with 1 bedroom priced at $2,400.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $2.64 / sq.feet, with an average $2.2 / sq.feet price in Hyannis. The properties with the most expensive average prices have 1 bedroom. They are 53 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.64 / sq.feet.
According to average price per property type in Hyannis, "" priced at $1,181 is 33 % lower than the average price ($1,753) in this city.