The rent prices in real estate in Mashpee, 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 Mashpee has had a strong fall during the last 6 months. In January, the average price per sq.feet was $1.02. In the following month the price per sq.feet fell considerably to $0.81. The price for the following two months in (March, April) had a considerable fall of 45 with regard to the previous two months. The price per sq.feet has had a considerable fall of 39 % 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 $0.67 to $0.26 during May, and June.
When referring to the price in Mashpee (cities), this has risen in the last 6 months. The average price during our first sample month during January, is $1,650. During February the price went through a considerable rise reaching $1,939. During the following two months (March, April) the average price had a considerable fall of 85 % 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 131 % 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 $2,904 they are 81 % more affordable than the average price for Mashpee . The properties with the lowest average price have 2 bedrooms, Their price is 21 % more affordable than the average. After that we have properties with 3 bedrooms priced at $880.
According to average price per property type in Mashpee, "" priced at $880 is 70 % lower than the average price ($2,904) in this city.