The rent prices in real estate in South Yarmouth, 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 Yarmouth has had a strong fall during the last 6 months. In March, the average price per sq.feet was $2.7. In the following month the price per sq.feet fell considerably to $2. The price for the following two months in (May, June) fell 85 % with regard to the previous two months. The price per sq.feet has risen 115 % 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 $2.17 to $2.5 during July, and August.
When referring to the price in South Yarmouth (cities), there have hardly been any changes in the last 6 months. The average price for March is $3,710. During April the price had a slight fall till $3,315. In the following two months the average price has hardly changed with regard to the previous two months from $3,512.5 to $3,674.5. Based on an analysis of the first four prices and the last two months the average price has increased 108 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $4,175 they are 80 % more affordable than the average price for South Yarmouth . The properties with the lowest average price have 1 bedroom, Their price is 80 % more affordable than the average. After that we have properties with 2 bedrooms priced at $852.
According to average price per property type in South Yarmouth, "" priced at $847 is 80 % lower than the average price ($4,175) in this city.