The rent prices in real estate in Erwin, in the Tennessee 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 Erwin has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.5. In the following month the price per sq.feet fell considerably to . The price for the following two months in (January, February) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable rise of 363 % 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 $0.38 to $1.36 during March, and April.
When referring to the price in Erwin (cities), this has risen considerably in the last 6 months. The average price for November is $1,283. During December the price had a slight fall till $1,098. During the following two months (January, February) the price has had an average rise from $1,190.5 to $1,341. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 215 % during the last two months.