The rent prices in real estate in Arkville, in the New York 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 Arkville has had a strong fall during the last 6 months. In November, the average price per sq.feet was $2. In December this price barely changed remaining at $2 per sq.feet. The price for the following two months in (January, February) had a considerable fall of 50 with regard to the previous two months. The price per sq.feet has had a considerable fall of 67 % 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 $1.5 to $1 during March, and April.
When referring to the price in Arkville (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $2,497. In December This price remains at $2,497. In the following two months the average price has hardly changed with regard to the previous two months from $2,497 to $2,494. 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 $2,495.5 and $2,494 between March and April.