The rent prices in real estate in Newbury, in the Massachusetts region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Newbury has barely changed in the last 6 months. In October, the average price per sq.feet was $2.08. In November this price barely changed remaining at $2.04 per sq.feet. The price for the following two months in (December, January) fell 93 % with regard to the previous two months. The price per sq.feet has risen 107 % 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 $1.99 to $2.12 during February, and March.
When referring to the price in Newbury (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $3,556. In November This price remains at $3,439. In the following two months the average price has hardly changed with regard to the previous two months from $3,497.5 to $3,438.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 86 %, going from $3,468 to $2,983.5 in February and March.
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 $2,567 they are 34 % more affordable than the average price for Newbury . The properties with the highest average price have 2 bedrooms, Their price is 31 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,854.
With regard to the average prices per sq.feet those properties with 1 bedroom are 57 % more affordable than the average price of ($1 / sq.feet) in Newbury. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 57 % more affordable than the average value aforementioned.
According to average price per property type in Newbury, "" priced at $2,115 is 18 % lower than the average price ($2,567) in this city.