Property prices for rent in Belford (New Jersey)
The rent prices in real estate in Belford, in the New Jersey 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 Belford has had a strong fall during the last 6 months. In November, the average price per sq.feet was $2.11. In the following month the price per sq.feet fell considerably to $1. The price for the following two months in (January, February) had a considerable fall of 64 with regard to the previous two months. The price per sq.feet has had a considerable fall of 78 % 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 $1.28 to $1 during March, and April.
When referring to the price in Belford (cities), there have hardly been any changes in the last 6 months. The rent price in November is $3,500, rising in December till $3,842. During the following two months (January, February) the price has had an average rise from $3,671 to $3,919. During the last two months the average price has fallen greatly compared to the previous four going from $3,795 to $3,219.5, which means a 85 % fall.
