The rent prices in real estate in Danby, in the Vermont 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 Danby has had a strong fall during the last 6 months. In November, the average price per sq.feet was $11. In December this price barely changed remaining at $11 per sq.feet. The price for the following two months in (January, February) had a considerable fall of 64 with regard to the previous two months. The price per sq.feet has had a considerable fall of 50 % 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 $9 to $4.5 during March, and April.
When referring to the price in Danby (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $58,608. In December This price remains at $58,608. During the following two months (January, February) the average price had a considerable fall of 77 % 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 $52,008 to $32,860, which means a 63 % fall.