The rent prices in real estate in Kennebunk, 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 Kennebunk has had a strong fall during the last 6 months. In October, the average price per sq.feet was $4.69. In the following month the price per sq.feet fell to $4.3. 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 rise of 127 % 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 $3.15 to $4 during February, and March.
When referring to the price in Kennebunk (cities), this has fallen considerably in the last 6 months. The average price for October is $10,008. During November the price had a considerable fall till $8,131. During the following two months (December, January) the average price had a considerable fall of 34 % 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 had a strong increase of 192 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 75 % more affordable than the average price of $4,365 in Kennebunk. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 75 % more affordable than the average aforementioned.
According to average price per property type in Kennebunk, "" priced at $4,365 is 75 % lower than the average price ($17,749) in this city.