The rent prices in real estate in Coldwater, in the Michigan 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 Coldwater has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.02. In the following month the price per sq.feet fell to $0.9. The price for the following two months in (December, January) fell 92 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 40 % 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 $0.92 to $0.37 during February, and March.
When referring to the price in Coldwater (cities), this has fallen considerably in the last 6 months. The average price for October is $934. During November the price had a slight fall till $870. In the following two months the average price has hardly changed with regard to the previous two months from $902 to $895. During the last two months the average price has fallen greatly compared to the previous four going from $898.5 to $449, which means a 50 % 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 $349 they are 35 % more expensive than the average price for Coldwater. Following this ranking we find those properties with 4 at an average price of $812. The properties with the highest average price have 2 bedrooms, Their price is 147 % more expensive than the average. After that we have properties with 3 bedrooms priced at $817.
According to average price per property type in Coldwater, "" priced at $812 is 133 % more expensive than the average price ($349) in this city.