The rent prices in real estate in Cherryville, in the North Carolina 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 Cherryville has had a strong fall during the last 6 months. In April, the average price per sq.feet was $0.9. In May this price barely changed remaining at $0.86 per sq.feet. The price for the following two months in (June, July) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable rise of 197 % 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 $0.44 to $0.87 during August, and September.
When referring to the price in Cherryville (cities), this has fallen in the last 6 months. The average price during our first sample month during April, is $1,095. During May the price went through a considerable rise reaching $1,317. During the following two months (June, July) the average price had a considerable fall of 70 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 106 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 32 % more affordable than the average price of $920 in Cherryville. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 32 % more affordable than the average aforementioned.
According to average price per property type in Cherryville, "" priced at $920 is 32 % lower than the average price ($1,350) in this city.