Property prices for rent in Sanford (Maine)
The rent prices in real estate in Sanford, in the Maine 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 Sanford has fallen during the last 6 months. In March, the average price per sq.feet was $1.47. In the following month the price per sq.feet fell considerably to $1. The price for the following two months in (May, June) had a considerable rise of 143 %. 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 $1.5 to $1 during July, and August.
When referring to the price in Sanford (cities), this has risen considerably in the last 6 months. The average price during our first sample month during March, is $2,206. During April the price went through a considerable rise reaching $7,086. In the following two months the average price has hardly changed with regard to the previous two months from $4,646 to $4,551.5. During the last two months the average price has fallen greatly compared to the previous four going from $4,598.75 to $1,555.5, which means a 34 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of $1,705 they are 22 % more affordable than the average price for Sanford . The properties with the highest average price have 2 bedrooms, Their price is 6 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,494.
According to average price per property type in Sanford, "" priced at $1,330 is 22 % lower than the average price ($1,705) in this city.
