The rent prices in real estate in South Hadley, 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 South Hadley has had a strong fall during the last 6 months. In October, the average price per sq.feet was $9.99. In the following month the price per sq.feet fell considerably to $1.49. The price for the following two months in (December, January) had a considerable rise of 159 %. The price per sq.feet has had a considerable fall of 43 % 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 $7.44 to $3.21 during February, and March.
When referring to the price in South Hadley (cities), this has risen considerably in the last 6 months. The rent price in October is $1,225, rising in November till $1,313. During the following two months (December, January) the average price had a considerable rise of 183 % 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 $1,796 to $1,204.5, which means a 67 % 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 $1,311 they are 12 % more affordable than the average price for South Hadley . The properties with the highest average price have 2 bedrooms, Their price is 25 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,295.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most expensive ones at a cost of $13.43 / sq.feet, with an average $6.42 / sq.feet price in South Hadley. The properties with the most expensive average prices have 1 bedroom. They are 164 % more expensive than the average followed by properties with 2 bedrooms with a price at $13.43 / sq.feet.
According to average price per property type in South Hadley, "" priced at $1,194 is 9 % lower than the average price ($1,311) in this city.