The rent prices in real estate in Newbury, in the Massachusetts region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Newbury has risen strongly during the last 6 months. In August, the average price per sq.feet was $2. In the following month the price per sq.feet fell considerably to $1.67. The price for the following two months in (October, November) had a considerable rise of 1067 %. 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 $10.7 to $1 during December, and January.
When referring to the price in Newbury (cities), this has risen in the last 6 months. The average price during our first sample month during August, is $1,648. During September the price went through a considerable rise reaching $1,942. During the following two months (October, November) the price has had an average rise from $1,795 to $1,995. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 87 %, going from $1,895 to $1,646 in December and January.
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 $1,646 they are 6 % more affordable than the average price for Newbury . The properties with the highest average price have 2 bedrooms, Their price is 36 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,552.
With regard to the average prices per sq.feet those properties with 1 bedroom are 2700 % more expensive than the average price of ($28 / sq.feet) in Newbury. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 2700 % more expensive than the average value aforementioned.
According to average price per property type in Newbury, "" priced at $2,232 is 36 % more expensive than the average price ($1,646) in this city.