The rent prices in real estate in Cherry Valley, in the Illinois 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 Cherry Valley has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1. In November this price barely changed remaining at $1 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1 to $1 per sq.feet. 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 $1 to during February, and March.
When referring to the price in Cherry Valley (cities), this has risen in the last 6 months. The rent price in October is $880, rising in November till $998. During the following two months (December, January) the average price had a considerable rise of 117 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 88 %, going from $1,018 to $892.5 in February and March.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 7 % more expensive than the average price of $957 in Cherry Valley. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 7 % more expensive than the average aforementioned.