The rent prices in real estate in Wellesley, in the Massachusetts region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Wellesley has barely changed in the last 6 months. In May, the average price per sq.feet was $2.43. In the following month the price per sq.feet rose to $2.58. In the following two months the price per sq.feet has practically remained the same, going from $2.51 to $2.51 per sq.feet. The price per sq.feet has fallen 94 % 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 $2.51 to $2.35 during September, and October.
When referring to the price in Wellesley (cities), this has risen in the last 6 months. The average price during our first sample month during May, is $3,701. During June the price went through a considerable rise reaching $4,316. During the following two months (July, August) the average price fell 93 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $3,865.25 and $3,847.5 between September and October.
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 $3,996 they are 53 % more affordable than the average price for Wellesley . The properties with the highest average price have 4 bedrooms, Their price is 38 % more expensive than the average. After that we have properties with 2 bedrooms priced at $3,526.
According to average price per property type in Wellesley, "" priced at $4,249 is 6 % more expensive than the average price ($3,996) in this city.