The rent prices in real estate in Chocowinity, 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 Chocowinity has had a strong fall during the last 6 months. In March, the average price per sq.feet was $72. In April this price barely changed remaining at $72 per sq.feet. The price for the following two months in (May, June) had a considerable fall of 40 with regard to the previous two months. The price per sq.feet has had a considerable fall of 29 % 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 $50.5 to $14.5 during July, and August.
When referring to the price in Chocowinity (cities), this has fallen considerably in the last 6 months. In our first sample month during March, the average price is $1,171. In April This price remains at $1,171. During the following two months (May, June) the average price fell 87 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $1,097 to $511.5, which means a 47 % fall.