The rent prices in real estate in Pepperell, in the Massachusetts region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Pepperell has fallen during the last 6 months. In September, the average price per sq.feet was $2.14. In the following month the price per sq.feet rose to $2.32. The price for the following two months in (November, December) fell 86 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 74 % 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 $2.08 to $1.53 during January, and February.
When referring to the price in Pepperell (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during September, is $1,650. During October the price went through a considerable rise reaching $2,150. In the following two months the average price has hardly changed with regard to the previous two months from $1,900 to $1,898.5. During the last two months the average price has fallen greatly compared to the previous four going from $1,899.25 to $1,320, which means a 70 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,480 they are 23 % more affordable than the average price for Pepperell . The properties with the highest average price have 3 bedrooms, Their price is 76 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,880.
With regard to the average prices per sq.feet those properties with 1 bedroom are 10 % more expensive than the average price of ($2 / sq.feet) in Pepperell. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 10 % more expensive than the average value aforementioned.
According to average price per property type in Pepperell, "" priced at $1,140 is 23 % lower than the average price ($1,480) in this city.