The rent prices in real estate in Somersworth, in the New Hampshire 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 Somersworth has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.98. In the following month the price per sq.feet fell considerably to $1.62. The price for the following two months in (January, February) had a considerable fall of 81 with regard to the previous two months. The price per sq.feet has had a considerable rise of 117 % 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 $1.63 to $1.91 during March, and April.
When referring to the price in Somersworth (cities), this has fallen considerably in the last 6 months. The average price for November is $2,097. During December the price had a considerable fall till $1,340. During the following two months (January, February) the average price had a considerable fall of 73 % 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 $1,489.5 to $1,181.5, which means a 79 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,133 they are 13 % more affordable than the average price for Somersworth . The properties with the highest average price have 3 bedrooms, Their price is 32 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,217.
According to average price per property type in Somersworth, "" priced at $1,217 is 7 % more expensive than the average price ($1,133) in this city.