The rent prices in real estate in Kennebunkport, 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 Kennebunkport has had a strong fall during the last 6 months. In March, the average price per sq.feet was $1. In April this price barely changed remaining at $1 per sq.feet. The price for the following two months in (May, June) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 $0.5 to during July, and August.
When referring to the price in Kennebunkport (cities), there have hardly been any changes in the last 6 months. In our first sample month during March, the average price is $1,373. In April This price remains at $1,373. In the following two months the average price has hardly changed with regard to the previous two months from $1,373 to $1,371. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,372 and $1,371 between July and August.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 1 % more affordable than the average price of $1,359 in Kennebunkport. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 1 % more affordable than the average aforementioned.