The rent prices in real estate in Ogunquit, 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 Ogunquit has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.57. In December this price barely changed remaining at $1.57 per sq.feet. The price for the following two months in (January, February) had a considerable fall of 64 with regard to the previous two months. The price per sq.feet has had a considerable fall of 78 % 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 $1.29 to $1 during March, and April.
When referring to the price in Ogunquit (cities), there have hardly been any changes in the last 6 months. The average price for November is $2,638. During December the price had a slight fall till $2,313. During the following two months (January, February) the price has had an average rise from $2,475.5 to $2,735. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $2,605.25 and $2,541 between March and April.