The rent prices in real estate in Gramercy, in the Louisiana 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 Gramercy has had a strong fall during the last 6 months. In September, the average price per sq.feet was $27.62. In the following month the price per sq.feet fell considerably to $6.33. The price for the following two months in (November, December) had a considerable fall of 47 with regard to the previous two months. The price per sq.feet has had a considerable rise of 245 % 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 $12.49 to $30.65 during January, and February.
When referring to the price in Gramercy (cities), this has risen in the last 6 months. In our first sample month during September, the average price is $4,381. In October This price remains at $4,243. During the following two months (November, December) the average price had a considerable rise of 144 % 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 $5,257.25 to $3,944, which means a 75 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most expensive ones. At a price of $3,700 they are 131 % more expensive than the average price for Gramercy. Following this ranking we find those properties with 1 at an average price of $11,568. The properties with the highest average price have 1 bedroom, Their price is 213 % more expensive than the average. After that we have properties with 3 bedrooms priced at $8,535.
According to average price per property type in Gramercy, "" priced at $8,535 is 131 % more expensive than the average price ($3,700) in this city.