The rent prices in real estate in Matamoras, in the Pennsylvania 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 Matamoras has had a strong fall during the last 6 months. In October, the average price per sq.feet was $22.14. In November this price barely changed remaining at $22.18 per sq.feet. The price for the following two months in (December, January) had a considerable fall of 73 with regard to the previous two months. The price per sq.feet has had a considerable fall of 9 % 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 $19.17 to $1.7 during February, and March.
When referring to the price in Matamoras (cities), there have hardly been any changes in the last 6 months. The average price for October is $1,759. During November the price had a slight fall till $1,654. In the following two months the average price has hardly changed with regard to the previous two months from $1,706.5 to $1,628.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 116 % during the last two months.
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 $2,022 they are 41 % more affordable than the average price for Matamoras . The properties with the lowest average price have 2 bedrooms, Their price is 10 % more affordable than the average. After that we have properties with 1 bedroom priced at $1,461.
According to average price per property type in Matamoras, "" priced at $1,186 is 41 % lower than the average price ($2,022) in this city.