The rent prices in real estate in Greendale, in the Wisconsin 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 Greendale has had a strong fall during the last 6 months. In March, the average price per sq.feet was $1.65. In April this price barely changed remaining at $1.68 per sq.feet. The price for the following two months in (May, June) had a considerable fall of 80 with regard to the previous two months. The price per sq.feet has fallen 88 % 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 $1.5 to $1.33 during July, and August.
When referring to the price in Greendale (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during March, is $1,725. During April the price went through a considerable rise reaching $2,025. In the following two months the average price has hardly changed with regard to the previous two months from $1,875 to $1,955.5. During the last two months the average price has fallen greatly compared to the previous four going from $1,915.25 to $1,538.5, which means a 80 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,441 they are 33 % more affordable than the average price for Greendale . The properties with the highest average price have 3 bedrooms, Their price is 51 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,714.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.61 / sq.feet, with an average $1.65 / sq.feet price in Greendale. The properties with the most expensive average prices have 1 bedroom. They are 8 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.61 / sq.feet.
According to average price per property type in Greendale, "" priced at $969 is 33 % lower than the average price ($1,441) in this city.