The rent prices in real estate in Cullowhee, 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 Cullowhee has had a strong fall during the last 6 months. In November, the average price per sq.feet was $4.99. In the following month the price per sq.feet fell to $4.33. The price for the following two months in (January, February) had a considerable fall of 34 with regard to the previous two months. The price per sq.feet has had a considerable fall of 25 % 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 $3.13 to $0.8 during March, and April.
When referring to the price in Cullowhee (cities), this has fallen considerably in the last 6 months. The average price for November is $1,912. During December the price had a considerable fall till $1,370. During the following two months (January, February) the average price had a considerable fall of 85 % 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 $1,517 to $1,060, which means a 70 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $900 they are 10 % more affordable than the average price for Cullowhee . The properties with the highest average price have 4 bedrooms, Their price is 56 % more expensive than the average. After that we have properties with 2 bedrooms priced at $926.
According to average price per property type in Cullowhee, "" priced at $888 is 1 % lower than the average price ($900) in this city.