The rent prices in real estate in North Chelmsford, 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 North Chelmsford has had a strong fall during the last 6 months. In November, the average price per sq.feet was $5. In the following month the price per sq.feet fell considerably to $2. The price for the following two months in (January, February) had a considerable fall of 77 with regard to the previous two months. The price per sq.feet has had a considerable fall of 41 % 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 $3.09 to $1.25 during March, and April.
When referring to the price in North Chelmsford (cities), this has fallen considerably in the last 6 months. The rent price in November is $2,579, rising in December till $2,729. During the following two months (January, February) the average price had a considerable fall of 80 % 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 $2,385.25 to $1,356.5, which means a 57 % fall.