The rent prices in real estate in Provincetown, in the Massachusetts 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 Provincetown has had a strong fall during the last 6 months. In October, the average price per sq.feet was $17. In the following month the price per sq.feet fell considerably to $12. The price for the following two months in (December, January) had a considerable fall of 63 with regard to the previous two months. The price per sq.feet has had a considerable fall of 67 % 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 $11.84 to $7.98 during February, and March.
When referring to the price in Provincetown (cities), this has fallen considerably in the last 6 months. The average price for October is $11,488. During November the price had a considerable fall till $8,241. In the following two months the average price has hardly changed with regard to the previous two months from $9,864.5 to $9,745. During the last two months the average price has fallen greatly compared to the previous four going from $9,804.75 to $7,696, which means a 78 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 82 % more expensive than the average price of $13,472 in Provincetown. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 82 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 380 % more expensive than the average price of ($19 / sq.feet) in Provincetown. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 380 % more expensive than the average value aforementioned.