The rent prices in real estate in Monson, 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 Monson has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1. In December this price barely changed remaining at $1 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1 to $1 per sq.feet. The price per sq.feet has had a considerable fall of 50 % 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 $1 to $0.5 during March, and April.
When referring to the price in Monson (cities), this has risen considerably in the last 6 months. In our first sample month during November, the average price is $1,512. In December This price remains at $1,584. During the following two months (January, February) the average price had a considerable rise of 205 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $2,357 to $1,140, which means a 48 % 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 $882 they are 0 % more affordable than the average price for Monson . The properties with the highest average price have 1 bedroom, Their price is 13 % more expensive than the average. After that we have properties with 2 bedrooms priced at $884.
According to average price per property type in Monson, "" priced at $882 is 0 % more expensive than the average price ($882) in this city.