The rent prices in real estate in Fairview Heights, in the Illinois 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 Fairview Heights has had a strong fall during the last 6 months. In April, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $1.15. The price for the following two months in (June, July) fell 90 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 51 % 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 $1.02 to $0.52 during August, and September.
When referring to the price in Fairview Heights (cities), this has risen in the last 6 months. The average price during our first sample month during April, is $818. During May the price went through a considerable rise reaching $1,385. In the following two months the average price has hardly changed with regard to the previous two months from $1,101.5 to $1,050.5. During the last two months the average price has fallen greatly compared to the previous four going from $1,076 to $571.5, which means a 53 % fall.