Property prices for rent in West Springfield (Massachusetts)
The rent prices in real estate in West Springfield, in the Massachusetts region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in West Springfield has fallen during the last 6 months. In October, the average price per sq.feet was $1.71. In the following month the price per sq.feet fell to $1.55. The price for the following two months in (December, January) fell 94 % with regard to the previous two months. The price per sq.feet has risen 108 % 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 $1.59 to $1.71 during February, and March.
When referring to the price in West Springfield (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,726. In November This price remains at $1,734. In the following two months the average price has hardly changed with regard to the previous two months from $1,730 to $1,793.5. 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 $1,761.75 and $1,741 between February and March.
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 $1,768 they are 29 % more affordable than the average price for West Springfield . The properties with the highest average price have 3 bedrooms, Their price is 28 % more expensive than the average. After that we have properties with 4 bedrooms priced at $2,253.
With regard to the average prices per sq.feet those properties with 1 bedroom are 44 % more affordable than the average price of ($1 / sq.feet) in West Springfield. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 44 % more affordable than the average value aforementioned.
According to average price per property type in West Springfield, "" priced at $1,786 is 1 % more expensive than the average price ($1,768) in this city.
