The rent prices in real estate in Saco, 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 Saco has had a strong fall during the last 6 months. In November, the average price per sq.feet was $2.25. In December this price barely changed remaining at $2.26 per sq.feet. The price for the following two months in (January, February) fell 92 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 69 % 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 $2.16 to $1.5 during March, and April.
When referring to the price in Saco (cities), this has risen considerably in the last 6 months. In our first sample month during November, the average price is $1,356. In December This price remains at $1,336. During the following two months (January, February) the price has had an average rise from $1,346 to $1,460. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 179 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $2,231 they are 41 % more affordable than the average price for Saco . The properties with the lowest average price have 1 bedroom, Their price is 38 % more affordable than the average. After that we have properties with 2 bedrooms priced at $1,318.
According to average price per property type in Saco, "" priced at $1,318 is 41 % lower than the average price ($2,231) in this city.