The rent prices in real estate in Oakland, in the Maine 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 Oakland has had a strong fall during the last 6 months. In September, the average price per sq.feet was $8. In October this price barely changed remaining at $8 per sq.feet. The price for the following two months in (November, December) had a considerable fall of 50 with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 $6 to during January, and February.
When referring to the price in Oakland (cities), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $785. In October This price remains at $785. In the following two months the average price has hardly changed with regard to the previous two months from $785 to $816. Based on an analysis of the first four prices and the last two months the average price has increased 106 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 1 % more affordable than the average price of $837 in Oakland. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 1 % more affordable than the average aforementioned.
The graph displaying the average rent prices displays the property type "Condo" as the most affordable one. At an cost of $847 it is 27 % more affordable than the average price in Oakland. "" is seen as the second most affordable property type. The most affordable property is "" followed by "Condo". At a price of $622 it is 1 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "Condo with an average cost of $23 / sq.feet. "Condo" at an average price of $23 / sq.feet has the highest price and would be directed at more affluent cities.