The rent prices in real estate in Old Town, 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 Town has risen strongly during the last 6 months. In September, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $1.39. The price for the following two months in (November, December) had a considerable rise of 119 %. The price per sq.feet has had a considerable rise of 115 % 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 $1.31 to $1.5 during January, and February.
When referring to the price in Old Town (cities), this has fallen considerably in the last 6 months. The average price for September is $2,630. During October the price had a considerable fall till $2,124. During the following two months (November, December) the average price had a considerable fall of 76 % 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 $2,097.25 to $1,270.5, which means a 61 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most expensive ones. At a price of $1,138 they are 55 % more expensive than the average price for Old Town. Following this ranking we find those properties with 2 at an average price of $1,777. The properties with the highest average price have 1 bedroom, Their price is 57 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,777.
According to average price per property type in Old Town, "" priced at $1,767 is 55 % more expensive than the average price ($1,138) in this city.