The rent prices in real estate in Casselton, in the North Dakota 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 Casselton has had a strong fall during the last 6 months. In March, the average price per sq.feet was $0.76. In April this price barely changed remaining at $0.76 per sq.feet. The price for the following two months in (May, June) had a considerable fall of 51 with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 $0.57 to during July, and August.
When referring to the price in Casselton (cities), this has fallen in the last 6 months. In our first sample month during March, the average price is $508. In April This price remains at $508. In the following two months the average price has hardly changed with regard to the previous two months from $508 to $502.5. During the last two months the average price has fallen greatly compared to the previous four going from $505.25 to $397, which means a 79 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $397 they are 13 % more expensive than the average price for Casselton. Following this ranking we find those properties with 2 at an average price of $482. The properties with the highest average price have 2 bedrooms, Their price is 21 % more expensive than the average. After that we have properties with 1 bedroom priced at $449.
According to average price per property type in Casselton, "" priced at $482 is 21 % more expensive than the average price ($397) in this city.