The rent prices in real estate in Wayland, 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 Wayland has had a strong fall during the last 6 months. In April, the average price per sq.feet was $1. In the following month the price per sq.feet fell considerably to . The price for the following two months in (June, July) had a considerable rise of 181 %. The price per sq.feet has had a considerable rise of 120 % 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 $0.7 to $0.84 during August, and September.
When referring to the price in Wayland (cities), this has risen considerably in the last 6 months. The average price during our first sample month during April, is $2,797. During May the price went through a considerable rise reaching $9,230. In the following two months the average price has hardly changed with regard to the previous two months from $6,013.5 to $5,965. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 132 % during the last two months.
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 $6,640 they are 51 % more affordable than the average price for Wayland . The properties with the lowest average price have 2 bedrooms, Their price is 24 % more affordable than the average. After that we have properties with 1 bedroom priced at $3,225.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most expensive ones at a cost of $2 / sq.feet, with an average $1.68 / sq.feet price in Wayland. The properties with the most expensive average prices have 2 bedrooms. They are 9245 % more expensive than the average followed by properties with 1 bedroom with a price at $2 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $6,640 it is 63 % more affordable than the average price in Wayland. "" is seen as the second most affordable property type. The most affordable property is "House" followed by "". At a price of $4,648 it is 24 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Apartment" at an average price of $61 / sq.feet followed by "House" priced at $157 / sq.feet. "House" is the most expensive type of property with a $157 / sq.feet value followed by "Apartment" with an average price of $61 / sq.feet.