The rent prices in real estate in Newton Center, 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 Newton Center has risen strongly during the last 6 months. In September, the average price per sq.feet was $2.45. In October this price barely changed remaining at $2.56 per sq.feet. In the following two months the price per sq.feet has risen 114 %, going from $2.51 to $2.87 per sq.feet. The price per sq.feet has had a considerable rise of 116 % 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 $2.68 to $3.11 during January, and February.
When referring to the price in Newton Center (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during September, is $5,700. During October the price went through a considerable rise reaching $7,084. In the following two months the average price has hardly changed with regard to the previous two months from $6,392 to $6,193.5. During the last two months the average price has fallen greatly compared to the previous four going from $6,292.75 to $4,499, which means a 71 % fall.
According to average price per property type in Newton Center, "" priced at $3,556 is 23 % lower than the average price ($4,592) in this city.