The rent prices in real estate in Old Orchard Beach, in the Maine 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 Old Orchard Beach has risen strongly during the last 6 months. In April, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $2.3. The price for the following two months in (June, July) fell 91 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 63 % 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 $1.58 to $1 during August, and September.
When referring to the price in Old Orchard Beach (cities), this has risen considerably in the last 6 months. The average price during our first sample month during April, is $1,598. During May the price went through a considerable rise reaching $4,167. During the following two months (June, July) the average price had a considerable fall of 84 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 151 % 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 66 % more affordable than the average price of $1,641 in Old Orchard Beach. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 66 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 100 % more expensive than the average price of ($2 / sq.feet) in Old Orchard Beach. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 100 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Office" as the most affordable one. At an cost of $4,815 it is 71 % more affordable than the average price in Old Orchard Beach. "" is seen as the second most affordable property type. The most affordable property is "House" followed by "". At a price of $1,631 it is 66 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $2 / sq.feet. "House" at an average price of $2 / sq.feet has the highest price and would be directed at more affluent cities.